London, June 15, 2026, 14:06 BST.
- RELX fell to near 2,472p, missing gains in the FTSE 100 as the index ticked up.
- The company said it bought back 2.83 million shares between June 8 and June 12.
- Investors are now looking to July 23, when half-year results are due.
RELX PLC shares slipped Monday, down 20p, or 0.8%, at 2,471p to sell and 2,473p to buy, AJ Bell figures showed. The information-and-analytics company’s market cap was about £43.54 billion. The FTSE 100 edged up, last up 0.08% at 10,479.70 on delayed Hargreaves Lansdown data, while RELX underperformed. Some traders questioned whether the stock now looks appealing after its drop or if worries about AI disruption keep it a hold. Investors often exit names on sector rotation, profit taking, or company uncertainty, even when the market is up. AJ Bell
RELX has not issued a profit warning. Instead, the company put out a buyback update. RELX said it bought 2,827,968 ordinary shares on the London Stock Exchange through ABN AMRO from June 8 to June 12, with all shares to be held in treasury. The company has now bought back 63,244,970 shares since January 2. Once these deals are settled, 1,761,114,436 ordinary shares will be in issue, not counting those in treasury. Buybacks cut the number of shares on the market and can increase earnings per share by dividing profits across fewer shares. Investegate
RELX shares are in the spotlight as investors look at buybacks and dividends while questioning how much growth is left in the valuation. RELX reported £9.59 billion revenue for 2025 back in February, with underlying growth at 7%. Adjusted operating profit rose 9% to £3.34 billion and adjusted EPS gained 10% to 128.5p at constant currencies. Underlying growth strips out currency and portfolio moves for what RELX calls a cleaner take on operations. CEO Erik Engstrom described the results as “strong underlying revenue and profit growth.” The board is lifting the full-year dividend 7% to 67.5p and targets £2.25 billion in share buybacks for 2026. Relx
RELX’s bulls focus on its high-margin businesses in Risk, Scientific, Technical & Medical, Legal, and Exhibitions. Management in April kept guidance for higher underlying revenue and adjusted operating profit this year. The company said its legal unit is seeing demand for AI research and analytics tools such as Lexis+ with Protégé. There’s a bear case too: moving into AI could hurt RELX’s moat if rivals with cheaper or faster products appear. Back in the year, Reuters reported a selloff in pro data and software stocks like RELX after Anthropic rolled out new AI products. Euronext Live
Valuation is better now than at last year’s high, but the risks haven’t gone away. AJ Bell puts the price/earnings ratio at 22.25, dividend yield at 2.71%. Investors Chronicle/LSEG data shows a 15-analyst median target of 3,140p for the next year—26% above the latest price in their numbers. As of June 11, the split is six “buy,” nine “outperform,” one “hold,” and one “sell.” That’s mostly upbeat, but one sell and recent underperformance—even with more buybacks—means some investors still aren’t buying RELX as a clean rebound story. AJ Bell
RELX’s next buyback update on Monday isn’t the only date coming up. The company’s calendar shows the final dividend for ordinary shares hits June 18, its ADR dividend lands June 24, and half-year results for the period to June 30 are due July 23. July’s numbers will be key. Investors want proof that AI spending is boosting demand without cutting into pricing. They’ll also watch if margins can still climb as buybacks continue. RELX draws support from those who like its data and cash flow, but for investors worried AI could weigh on its market multiple, the stock is a tough pick. Relx
