LSEG plans £3 billion buyback amid investor pressure
It comes below the £5 billion that the investor, Elliott Management, has called for
Add BT as a preferred source
本文由AI辅助翻译
[LONDON] London Stock Exchange Group (LSEG) said on Thursday (Feb 26) it plans to buy back a further £3 billion (S$5.13 billion) of shares over the next 12 months, as the company comes under pressure from New York-based activist investor Elliott Management.
The new buyback comes below the £5 billion that it has called for.
In recent weeks, the investor took a stake in the company and also pushed for a portfolio review.
LSEG’s total income grew 7.1 per cent in 2025 on an organic basis, excluding recoveries – in line with a 7 per cent rise expected by analysts in a company-compiled poll.
The company expects its total income in 2026 to grow between 6.5 and 7.5 per cent on an organic constant currency basis, excluding recoveries.
Analysts had expected growth of about 6.7 per cent on average, a company-compiled poll revealed. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Tiger Brokers, Moomoo, Longbridge Singapore units ‘financially independent’ amid China crackdown: MAS
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Johor property old hand KSL readies family handover amid market boom
As India and China surge ahead with nuclear energy, all eyes on Asean’s next move
