Commencement of Share Buyback Programme

Summary by AI BETAClose X

London Stock Exchange Group plc has announced the commencement of a new share buyback programme with an aggregate value of up to £900,000,000, following the conclusion of a previous programme. The company has engaged Goldman Sachs International to purchase shares, acting as riskless principal, with purchases beginning immediately and concluding no later than 29 July 2026. These repurchased shares will be cancelled to reduce the company's share capital, and all purchases will adhere to regulatory requirements and the company's general authority granted by shareholders.

Disclaimer*

London Stock Exchange Group PLC
09 April 2026
 

 

London Stock Exchange Group plc

 

FOR IMMEDIATE RELEASE

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

 

9 April 2026

 

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London Stock Exchange Group plc - Commencement of Share Buyback Programme

 

London Stock Exchange Group plc (the "Company") announces today that, further to its announcement on 26 February 2026 of the Company's preliminary results for the financial year ended 31 December 2025 and following the conclusion of the share buyback programme which commenced on 26 February 2026 with Morgan Stanley & Co. International Plc, the Company will commence a new share buyback programme to purchase ordinary shares of 679/86 pence each in the Company ("Shares") with an aggregate value of up to £900,000,000 (the "Buyback Programme").

 

In connection with the Buyback Programme, the Company has entered into an agreement with Goldman Sachs International ("Goldman Sachs") in relation to the purchase of Shares by Goldman Sachs, acting as riskless principal and in accordance with certain set parameters (as updated from time to time in accordance with the terms of the agreement), 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. Shares purchased by Goldman Sachs will be on-sold by Goldman Sachs to the Company, and any purchases of Shares by the Company from Goldman Sachs will be carried out on the London Stock Exchange, with the Shares purchased by the Company to be cancelled upon settlement. The arrangements between the Company and Goldman Sachs are subject to customary termination rights in favour of the Company and Goldman Sachs. The purpose of the Buyback Programme is to reduce the share capital of the Company. 

 

Any purchases under the Buyback Programme shall take place in accordance with (and subject to the limits prescribed by) the Company's general authority to repurchase Shares granted by its shareholders at the annual general meeting on 1 May 2025 (the "2025 Authority") 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. Purchases of Shares by Goldman Sachs shall take place in accordance with the Market Abuse Regulation (EU) No 596/2014 (including the delegated and implementing acts adopted under it) and the Commission Delegated Regulation (EU) No 2016/1052 with regard to regulatory technical standards for the conditions applicable to buyback programmes and stabilisation measures (in each case as they form part of the law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018, as implemented, retained, amended, extended, re-enacted or otherwise given effect in the United Kingdom from 1 January 2021 and as amended or supplemented in the United Kingdom thereafter). The Company will make further regulatory announcements to shareholders in respect of purchases of Shares under the Buyback Programme by no later than the end of the 7th daily market session following the date of such purchase.

 

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For further information, please contact:

London Stock Exchange Group plc

 

Investors
Peregrine Riviere / Chris Turner - Investor Relations
ir@lseg.com

Media
Lucie Holloway / Rhiannon Davies - External Communications
+44 (0) 20 7797 1222
newsroom@lseg.com
www.lseg.com

 

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