RELX to Repurchase Up to GBP100 Million Worth of Shares
07 December 2017 - 6:59PM
Dow Jones News
By Adam Clark
RELX PLC (REL.LN) and RELX NV (REN.AE) said Thursday that they
will repurchase a maximum of 100 million pounds ($133.7 million)
worth of their respective shares in early 2018.
The two companies represent the Amsterdam and London listings of
information and analytics company RELX Group.
RELX PLC said that it will purchase as many as 101 million of
its own shares, while RELX NV will repurchase up to 89.4 million of
its own shares, equivalent to the ratio of their interests in RELX
Group as a whole.
The buyback will be carried out between Jan. 2, 2018 and Feb.
12, 2018, and the repurchased shares will be held in treasury, the
companies said.
Write to Adam Clark at adam.clark@dowjones.com;
@AdamDowJones
(END) Dow Jones Newswires
December 07, 2017 02:44 ET (07:44 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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