London Stock Exchange Group to commence £750M share buyback program
London Stock Exchange Group plc (LON:LSEG) announced today that it 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 £750 million.
LSEG has entered into an 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. LSEG has instructed Morgan Stanley to purchase Shares with a value of up to £750,000,000.
Purchases will commence immediately and will end no later than 29 May 2026.
The purpose of the Buyback Programme is to reduce the share capital of LSEG.
Any purchases under the Buyback Programme will take place in accordance with the Company’s general authority to repurchase Shares granted by its shareholders at the annual general meeting on 1 May 2025 and any further authority to repurchase Shares as may be granted by its shareholders from time to time under Chapter 9 of the UK Listing Rules.
The maximum number of Shares that the Company is authorised to purchase under the 2025 Authority is 28,112,224.
