RELX share price drops 2% as buyback filings stack up ahead of Feb 12 results

RELX share price drops 2% as buyback filings stack up ahead of Feb 12 results

London, 3 Feb 2026, 08:12 GMT — Regular session

  • RELX slipped roughly 2% in early trading following a modest uptick on Monday
  • The company announced additional share buybacks and revised its voting rights structure
  • Investors are eyeing the full-year results on Feb. 12 for clues on guidance and potential capital returns

RELX shares dropped roughly 2% to 2,533 pence during early trading in London on Tuesday, slipping 52 pence on the session.

Attention turns to the group’s full-year results for 2025, set for release on Feb. 12. This report will provide a clear update on growth, margins, and cash returns.

RELX is in the midst of a £250 million non-discretionary share buyback set to continue until Feb. 6. UBS is executing the purchases, sticking to predefined limits.

On Monday, the company disclosed in a regulatory filing that it purchased 375,735 shares on the London Stock Exchange, which it plans to hold in treasury. Since January 2, it has bought back a total of 7,088,391 shares, the filing revealed.

A separate filing showed total voting rights at 1,818,062,651 as of Jan. 30, factoring in 10,093,435 shares held in treasury. Shareholders use this number as the denominator for disclosures required by Financial Conduct Authority rules.

RELX closed Monday at 2,585 pence, gaining 0.23% for the day.

Share buybacks cut the number of shares floating in the market, potentially boosting earnings per share if profits remain unchanged. Treasury shares, kept by the company, carry no voting rights.

RELX provides data, research, and decision tools tailored for lawyers, scientists, insurers, and corporate clients. Its main divisions include LexisNexis, Elsevier, and an exhibitions arm.

In segments of legal and risk analytics, the group goes head-to-head with Thomson Reuters and Wolters Kluwer—two names investors frequently use to gauge pricing and product cycle trends.

Investors are zeroing in on organic revenue growth, which excludes acquisitions and currency effects. They’ll also watch for shifts in the company’s stance on costs, pricing, and product launches, especially those involving generative AI tools.

The buyback doesn’t guarantee a bottom. Even a cautious forecast or signs of slowing subscription renewals could weigh on a stock many investors see as a defensive compounder.

The buyback is set to wrap up on Feb. 6, with results due Feb. 12. That’s when RELX is expected to clarify its plans for future repurchases and dividends.

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech. His coverage ranges from stocks and technology to economic developments across global markets. He worked in investment research and market analysis before becoming a financial journalist and is a graduate of the Lahore University of Management Sciences (LUMS).

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