RELX PLC Announces Non-Discretionary Share Buyback Programme
Ticker: RLXXF · Form: 6-K · Filed: Feb 15, 2024 · CIK: 929869
| Field | Detail |
|---|---|
| Company | Relx PLC (RLXXF) |
| Form Type | 6-K |
| Filed Date | Feb 15, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | bullish |
Sentiment: bullish
Topics: share-buyback, corporate-action
TL;DR
**RELX PLC just announced a share buyback program, signaling confidence and potential EPS boost!**
AI Summary
RELX PLC, a foreign private issuer, filed a 6-K report on February 15, 2024, to announce a Non-Discretionary Share Buyback Programme. This filing indicates the company's intent to repurchase its shares, a move often seen as a way to return value to shareholders and potentially boost earnings per share. The specific financial details, such as the total value or number of shares intended for repurchase, were not disclosed within this particular filing.
Why It Matters
A share buyback program can reduce the number of outstanding shares, potentially increasing earnings per share and signaling management's confidence in the company's valuation. This action aims to return capital to shareholders and can support the stock price.
Risk Assessment
Risk Level: low — A share buyback is generally a positive corporate action that can support share price and return value to shareholders, thus lowering investment risk for existing holders.
Key Players & Entities
- RELX PLC (company) — registrant
FAQ
What is the primary purpose of this 6-K filing by RELX PLC?
The primary purpose of this 6-K filing is to announce a Non-Discretionary Share Buyback Programme.
When was the Announcement of Non-Discretionary Share Buyback Programme made?
The Announcement of Non-Discretionary Share Buyback Programme was made on February 15, 2024 (02.15.2024).
What is the Commission File Number for RELX PLC?
The Commission File Number for RELX PLC is 001-13334.
Under which form does RELX PLC file its annual reports?
RELX PLC indicates that it files its annual reports under Form 20-F.
What is the business address of RELX PLC as stated in the filing?
The business address of RELX PLC is 1-3 Strand, London WC2N 5JR.
Filing Stats: 136 words · 1 min read · ~1 pages · Grade level 10.6 · Accepted 2024-02-15 06:48:33
Filing Documents
- tmb-20240215x6k.htm (6-K) — 19KB
- tmb-20240215xex99d1.htm (EX-99.1) — 6KB
- 0000929869-24-000014.txt ( ) — 26KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. RELX PLC Date: 02/15/2024 By: /s/ A. Westley Name: A. Westley Title: Deputy Secretary