London Stock Exchange Group plc (LON:LSEG) will commence a share buyback program to purchase ordinary shares of 6 79/86 pence each in the company with an aggregate value of up to £500 million.

In connection with the Buyback Programme, LSEG has entered into an irrevocable agreement with Morgan Stanley & Co. International Plc in relation to the purchase of Shares by Morgan Stanley, acting as riskless principal and in accordance with certain pre-set parameters, under which the Company has instructed Morgan Stanley to purchase Shares with a value of up to £500 million.

Purchases will commence immediately and will end no later than 30 July 2025.

Morgan Stanley will make trading decisions in relation to the Buyback Programme independently of, and uninfluenced by, the Company.

Any purchases under the Buyback Programme shall take place in accordance with (and subject to the limits prescribed by) the Company’s general authority to repurchase Shares granted by its shareholders at the annual general meeting on 25 April 2024 and any further authority to repurchase Shares as may be granted by its shareholders from time to time under Chapter 9 of the Listing Rules.

The maximum number of Shares that the Company is authorised to purchase under the 2024 Authority is 53,560,181.