London, Jan 26, 2026, 08:31 GMT — Regular session
- LSEG shares slipped in early London trading as investors held back ahead of a packed week of central bank events.
- The group revealed another tranche of share buybacks as part of its ongoing programme.
- Attention turns to the Federal Reserve’s upcoming decision and LSEG’s results due late February.
Shares of London Stock Exchange Group (LSEG.L) slipped 0.2% to 8,754 pence in early Monday trading, opening slightly higher at 8,796 pence. So far, the stock has fluctuated between 8,722 and 8,834 pence, compared to last Friday’s close of 8,768. 1
The exchange and data group purchased 167,837 ordinary shares on Jan. 23, paying an average of 8,719.95 pence each, with prices ranging from 8,668 to 8,768 pence. LSEG plans to cancel these shares, which will bring total voting rights down to 508,550,883 after the cancellation. 2
Those purchases are part of LSEG’s £1 billion share buyback plan announced last November, set to wrap up by Feb. 25, 2026, at the latest. Citigroup Global Markets acts as a “riskless principal” here, buying shares within agreed limits before selling them back to LSEG for cancellation, the company explained. 3
The buyback update came amid a cautious mood overall. European shares held steady on Monday, as traders largely stayed sidelined following the volatility triggered by U.S. President Donald Trump’s tariff threats connected to Greenland. Focus now shifts to the Federal Reserve’s policy decision due later this week. 4
Morgan Stanley’s chief global economist Seth Carpenter said that unless there’s a significant legal shakeup altering the Fed’s board, the central bank’s “reaction function” probably won’t shift “abruptly or materially.” Investors are focusing less on the rate decision itself and more on signals about the Fed’s independence and future policy direction. 5
LSEG generates fees from market data, analytics, and index products, while also managing trading and post-trade infrastructure. Its business is split into five segments: Data & Analytics, FTSE Russell, Risk Intelligence, Capital Markets, and Post Trade. 6
The blend can lead the shares to act like a stable services stock on slow days, then shift to more of a market-activity proxy when volatility spikes. Investors are waiting to see if the current political and rate jitters spark more clearing and trading or simply curb risk appetite.
But buybacks won’t provide a safeguard. If volatility dies down into a prolonged risk-off phase — or the Fed’s signals send yields climbing once more — revenues tied to activity may slump, leaving the tape sluggish despite a company’s presence in the market.
LSEG is set to release its final results on Feb. 26, with an annual general meeting and a trading update scheduled for April 23, according to its financial diary. 7
Traders will probably focus on the Fed’s two-day meeting wrapping up on Jan. 28. 8
