LSEG Launches £1 Billion Share Buyback Programme

By Staff Writer

05th Nov 2025

Fintech

Fintech

• LSEG launches a £1 billion share buyback programme to reduce its share capital, with trading managed by Citigroup Global Markets.
• Buybacks will run until 25 February 2026, covering up to 39.7 million remaining authorised shares.
• Shares will be repurchased on the open market, then resold to LSEG for cancellation to support capital management.

The London Stock Exchange Group (LSEG) has announced a new share buyback programme valued at up to £1 billion, aimed at reducing its overall share capital.

Under the plan, LSEG will repurchase its ordinary shares through an agreement with Citigroup Global Markets Limited, which will act as a “riskless principal.” Citi will independently handle the trading of shares within pre-agreed parameters and resell the shares to LSEG for cancellation after settlement.

The buyback begins immediately and is set to run until 25 February 2026. Transactions will be executed via the London Stock Exchange and/or Turquoise Equities platforms.

This initiative follows shareholder approval from LSEG’s Annual General Meeting in May 2025, which authorised the repurchase of up to 53,060,997 shares. As of now, 39.7 million shares remain available under this mandate, following earlier repurchase programmes completed with Morgan Stanley and Goldman Sachs in June and November 2025, respectively.

LSEG stated the primary objective of the programme is to reduce its share capital, and confirmed that the agreement with Citi includes standard termination rights for both parties.

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