RELX PLC Announces Share Buyback and Treasury Share Cancellation
Ticker: RLXXF · Form: 6-K · Filed: Dec 6, 2024 · CIK: 929869
| Field | Detail |
|---|---|
| Company | Relx PLC (RLXXF) |
| Form Type | 6-K |
| Filed Date | Dec 6, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | bullish |
Sentiment: bullish
Topics: share-buyback, treasury-shares, capital-allocation
TL;DR
RELX is buying back stock and canceling treasury shares, good for shareholders.
AI Summary
RELX PLC announced a non-discretionary share buyback program and the cancellation of shares held in treasury on December 6, 2024. This action is part of their ongoing capital allocation strategy.
Why It Matters
This indicates RELX is returning capital to shareholders, potentially boosting share price and signaling confidence in the company's financial health.
Risk Assessment
Risk Level: low — This is a routine capital allocation announcement with no immediate negative financial implications.
Key Players & Entities
- RELX PLC (company) — Registrant
- 0000929869-24-000076 (other) — Accession Number
- 12.06.2024 (date) — Announcement Date
FAQ
What is the purpose of the share buyback program announced by RELX PLC?
The filing states it is an 'Announcement of Non-Discretionary Share Buyback Programme and Cancellation of Shares held in Treasury', indicating a capital allocation strategy.
When was this announcement made?
The announcement was made on December 6, 2024, as indicated by the filing date and the exhibit description.
What is the filing type and its significance?
This is a Form 6-K, which is a report of foreign private issuers pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.
Does RELX PLC file annual reports under Form 20-F or 40-F?
Yes, RELX PLC indicates it files annual reports under cover of Form 20-F.
What other action is being taken besides the share buyback?
RELX PLC is also announcing the cancellation of shares held in treasury.
Filing Stats: 143 words · 1 min read · ~1 pages · Grade level 10.9 · Accepted 2024-12-06 06:52:32
Filing Documents
- tmb-20241206x6k.htm (6-K) — 19KB
- tmb-20241206xex99d1.htm (EX-99.1) — 7KB
- 0000929869-24-000076.txt ( ) — 28KB
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: 12/06/2024 By: /s/ A. Westley Name: A. Westley Title: Deputy Secretary