Last checked at 28 Jul 2022 11:00
ISSUED ON BEHALF OF RELX PLC
Announcement of Non-Discretionary Share Buyback Programme
RELX PLC (the “Company”) announces in compliance with the UK and EU Market Abuse Regulations that it will implement an irrevocable, non-discretionary programme to repurchase its ordinary shares up to the value of £150 million in total between 28 July 2022 and 7 December 2022 (the "Programme"). This follows the successful completion of a £200 million non-discretionary programme on 25 July 2022. Both programmes are part of the £500 million to be deployed on share buybacks in 2022, as announced on 10 February 2022. Since that date, the Company has purchased 15.2 million shares at a total cost of £350 million.
The purpose of the Programme is to reduce the capital of the Company and it intends that shares purchased will be held in treasury.
Any share purchases will be made by the Company within certain pre-set parameters and in accordance with the general authority of the Company to repurchase shares granted by shareholders at the Company’s Annual General Meeting held on 21 April 2022 which, taking into account shares purchased subsequent to this meeting, permits the Company to purchase no more than 189.7 million ordinary shares. Any share purchases effected by the Company will be in accordance with the UK and EU Market Abuse Regulations and Chapter 12 of the Listing Rules.
-ENDS-
Enquiries
Colin Tennant (Investors)
Tel : +44 (0)20 7166 5751
Paul Abrahams (Media)
Tel : +44 (0)20 7166 5724
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