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RELX Plc Announces Non-Discretionary Share Buyback Programme - Quick Facts

RELX plc (REL.L) announced the completion of its 700 million pounds share buyback programme for 2018. The Group announced that it will implement an irrevocable, non-discretionary programme to repurchase its ordinary shares up to the value of 100 million pounds in total between 2 January 2019 and 18 February 2019. The purpose of the programme is to reduce the capital of the Group and it intends that shares purchased will be held in treasury.

RELX plc also announced that on December 6, it cancelled 45 million of its ordinary shares held in treasury. Following the cancellation, RELX plc holds a total of 42,023,020 ordinary shares in treasury, and has 1,968,861,495 ordinary shares in issue, excluding treasury shares.

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