London Stock Exchange Group on Tuesday said it will commence a share buyback program to repurchase up to 1 billion British Pounds of its stock.
The program, which was first flagged in the company's third-quarter update in October, will begin immediately and is scheduled to end by Feb. 25, 2026, the company said.
LSEG stated the purpose of the buyback is to reduce its share capital, and any shares it repurchases will be cancelled.
The data and analytics company has entered into an agreement with Citigroup Global Markets to conduct the share purchases on its behalf on the London Stock Exchange.
This new program follows the completion of previous buybacks, including one managed by Goldman Sachs which concluded on Monday, according to the company's announcement.
The move to return capital to shareholders comes after LSEG reported a 6.4% rise in third-quarter total income and raised its full-year forecast for a key profitability metric.
LSEG has recently focused on expanding its data and analytics business, announcing a series of partnerships with artificial intelligence companies including Microsoft and Anthropic.
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