London Stock Exchange Group plcLSE: LSEG

London Stock Exchange Group: Commencement of Share Buyback Programme

· Issued by London Stock Exchange Group plc via RNS

Summary by 6ix AI

On November 2, 2026, London Stock Exchange Group plc said it will commence a buyback of its ordinary shares with an aggregate value of up to £650,000,000, with purchases to commence immediately. Once completed, it will conclude the planned £3 billion buyback programme first announced with the company's 2025 Preliminary Results in February 2026.

Key details

  • Citigroup Global Markets Limited (Citi) will buy the shares as riskless principal, in accordance with certain set parameters, and sell them on to the company; subject to the terms of the agreement, Citi will make trading decisions independently of the company.
  • Purchases will end no later than February 24, 2027, and will be carried out on the London Stock Exchange and/or Turquoise.
  • Shares the company buys from Citi will be cancelled once the purchase is settled; the company says the purpose of the buyback is to reduce its share capital.

What’s still pending

  • Purchases are subject to the limits of the shareholder authority granted at the April 23, 2026 annual general meeting, which allows up to 34,514,094 shares, and any further authority shareholders may grant.
  • The arrangements between the company and Citi are subject to customary termination rights in favour of both the company and Citi.

6ix AI wrote this summary from the release below and checked it against the release.

London Stock Exchange Group PLC
02 November 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

2 November 2026

***

London Stock Exchange Group plc – Commencement of Share Buyback

London Stock Exchange Group plc (the “Company”) announces that the Company will commence a share buyback to purchase ordinary shares of 679/86 pence each in the Company (“Shares”) with an aggregate value of up to £650,000,000 (the “Buyback”). Once completed, this will conclude the planned £3 billion share buyback programme first announced with the Company’s 2025 Preliminary Results in February 2026.

In connection with the Buyback, the Company has entered into an agreement with Citigroup Global Markets Limited (“Citi”) in relation to the purchase of Shares by Citi, 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 Citi to purchase Shares with a value of up to £650,000,000. Purchases will commence immediately and will end no later than 24 February 2027. Subject to the terms of the agreement, Citi will make trading decisions in relation to the Buyback independently of, and uninfluenced by, the Company. Any purchase of Shares by Citi contemplated by this announcement will be carried out on the London Stock Exchange and/or on Turquoise. Shares purchased by Citi will be on-sold by Citi to the Company, and any purchases of Shares by the Company from Citi will be carried out on the London Stock Exchange and/or on Turquoise, with the Shares purchased by the Company to be cancelled upon settlement. The arrangements between the Company and Citi are subject to customary termination rights in favour of the Company and Citi. The purpose of the Buyback is to reduce the share capital of the Company. 

Any purchases under the Buyback 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 23 April 2026 (the “2026 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 2026 Authority is 34,514,094. Purchases of Shares by Citi 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 by no later than the end of the 7th daily market session following the date of such purchase.

–  Ends –

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

London Stock Exchange Group plc on 6ix

Story so far

Earlier from London Stock Exchange

Later from London Stock Exchange

All London Stock Exchange news releases