RELX Shares Fall 2% Amid Rising Buyback Filings Before Feb 12 Results
Shares of RELX experienced a decline of approximately 2% during early trading on February 3, 2026. This drop follows a minor gain seen earlier in the week. Investors are particularly focused on the company’s upcoming financial results scheduled for release on February 12, which are anticipated to offer insights into future guidance and possible capital returns.
Current Share Performance and Buyback Program
During early trading in London, RELX shares decreased by 52 pence, reaching a value of 2,533 pence. Prior to this, the stock closed at 2,585 pence on February 2, gaining 0.23% for the day.
The company is currently executing a £250 million non-discretionary share buyback program, set to continue until February 6. UBS is managing these purchases while adhering to specified limits.
- Shares purchased on February 2: 375,735
- Total shares repurchased since January 2: 7,088,391
Key Financial Metrics
As of January 30, the total voting rights for RELX stood at 1,818,062,651, which includes 10,093,435 shares retained in treasury. This figure is critical as it serves as the denominator for various disclosures mandated by the Financial Conduct Authority (FCA).
Investor Focus on Upcoming Results
Investors are keenly awaiting the full-year results for 2025, expected on February 12. With this report, RELX is set to provide updates on growth, profit margins, and cash returns. Market participants are particularly interested in organic revenue growth, which removes the impacts of acquisitions and currency fluctuations.
- Anticipated financial updates on February 12:
- Growth projections
- Margin insights
- Cash return plans
Market Context and Competitive Landscape
In the competitive landscape, RELX operates in sectors such as legal and risk analytics, where it competes with major players like Thomson Reuters and Wolters Kluwer. These competitors often serve as benchmarks for pricing and product development trends.
The current share buyback initiative may enhance earnings per share, assuming profitability remains stable. However, investors remain cautious. Signs of a conservative forecast or slowing subscription growth could negatively impact market sentiment.
As the buyback program nears its conclusion, stakeholders will be eager for RELX to clarify its strategies regarding future share repurchases and dividend distributions during the results announcement on February 12.