LSE Group stock enters final GBP650 million buyback phase

Published on 11/13/2026 at 12:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LSE Group stock is entering the final tranche of its GBP 3 billion capital-return plan. Citigroup will execute purchases through February 24, 2027.

Capital return enters final phase

London Stock Exchange Group launched the final tranche of its GBP 3 billion buyback programme on November 2.
Citigroup will purchase shares independently under agreed parameters, with completion due by February 24, 2027.
Shares bought by the company will be cancelled after settlement, reducing share capital.

LSE Group, GB00B0SWJX34, Illustration mit AI erstellt.

London Stock Exchange Group announced on November 2, 2026, that it had started the final tranche of its planned share buyback programme. The company said in a Lloyds Bank RNS that the programme can purchase ordinary shares for up to GBP 650 million.

Buyback completes planned capital return

The tranche is intended to complete the GBP 3 billion buyback programme first announced with LSE Group's 2025 preliminary results. Purchases began immediately after the announcement and must end no later than February 24, 2027.

Citigroup Global Markets is acting as riskless principal under an agreement with LSE Group. Citi will make trading decisions independently of the company and within defined parameters. Purchases can take place on the London Stock Exchange and Turquoise.

Shares acquired by Citi will be sold to LSE Group. The company will then cancel the shares after settlement, making a reduction in share capital the stated purpose of the programme. The company said the arrangements include customary termination rights for both parties.

What the final tranche changes

For investors, the structure links the capital return to the number of shares in issue rather than to a new operating target. Cancellation reduces the share count, while the timetable keeps the programme active into early 2027. Any effect on per-share measures will depend on the number of shares ultimately repurchased and the company’s performance over the period.

The buyback operates under the authority approved by shareholders at the annual general meeting on April 23, 2026. That authority allows the company to purchase up to 34,514,094 shares, subject to the applicable rules and any further authority granted under the UK Listing Rules.

LSE Group stock traded at 116.60 euros on Lang & Schwarz at 12:18 CET on Friday, November 13.