LSEG announces launch of new share buyback program
London Stock Exchange Group plc (LSEG) announced today it will commence a new share buyback programme to purchase ordinary shares of 6 79/86 pence each in the company with an aggregate value of up to £900,000,000.
In connection with the Buyback Programme, LSEG has entered into an agreement with Goldman Sachs International in relation to the purchase of Shares by Goldman Sachs, acting as riskless principal and in accordance with certain set parameters, under which the Company has instructed Goldman Sachs to purchase Shares with a value of up to £900,000,000.
Purchases will commence immediately and will end no later than 29 July 2026.
Subject to the terms of the agreement, Goldman Sachs will make trading decisions in relation to the Buyback Programme independently of, and uninfluenced by, the Company. Any purchase of Shares by Goldman Sachs contemplated by this announcement will be carried out on the London Stock Exchange and/or on Turquoise Equities Trading.
Any purchases under the Buyback Programme shall take place in accordance with LSEG’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 19,428,934.
