London Stock Exchange Group plc (LSEG) announced today that it will commence a share buyback programme to purchase ordinary shares of 6 79/86 pence each in the company with an aggregate value of up to £1,000,000,000.
In connection with the Buyback Programme, LSEG has entered into an irrevocable agreement with Citigroup Global Markets Limited in relation to the purchase of Shares by Citi, acting as riskless principal and in accordance with certain pre-set parameters, under which the Company has instructed Citi to purchase Shares with a value of up to £1,000,000,000.
Purchases will commence immediately and will end no later than 25 February 2026.
Citi will make trading decisions in relation to the Buyback Programme independently of, and uninfluenced by, LSEG. Any purchase of Shares by Citi contemplated by today’s announcement will be carried out on the London Stock Exchange and/or on Turquoise Equities Trading. Shares purchased by Citi will be on-sold by Citi to LSEG, and any purchases of Shares by the Company from Citi will be carried out on the London Stock Exchange, with the Shares purchased by the Company being 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 Programme is to reduce the share capital of LSEG.
Any purchases under the Buyback Programme will 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 1 May 2025. The maximum number of Shares that the Company was authorised to purchase under the 2025 Authority was 53,060,997, of which 39,787,711 remain as at the date of today’s announcement following conclusion of the Company’s previous share buyback programmes with Morgan Stanley & Co. International plc, which completed on 13 June 2025, and Goldman Sachs International, which completed on 3 November 2025.
