LSEG plans 4 billion dollar buyback amid investor pressure
LSEG announced a 4 billion dollar share buyback today amid pressure from Elliott Management. The firm also forecast steady income growth for the coming year.
London Stock Exchange Group plc has announced its intention to buy back 3 billion pounds ($4.07 billion) of shares over the next 12 months. The decision by the United Kingdom-based firm follows pressure from activist investor Elliott Management, which recently took a stake in the company.
The proposed buyback program is smaller than the 5 billion pounds requested by the United States-based Elliott Management. The activist investor has also pushed for a comprehensive review of the group's portfolio. Despite this pressure, the company reported that its total income grew by 7.1% on an organic basis in 2025, excluding recoveries, which aligned with the 7% growth expected by analysts in a company-compiled poll.
Looking ahead, the company expects its 2026 total income to grow between 6.5% and 7.5% on an organic constant currency basis, excluding recoveries. This forecast is slightly higher than the 6.7% average growth previously estimated by analysts. The group continues to maintain its relationship with Reuters, which provides news for its Workspace terminal and other data products.
