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The London Stock Exchange Group plans to launch a £3bn share buyback, because it comes beneath pressure from activist investor Elliott Management to enhance its efficiency.
LSEG on Thursday stated it could launch an accelerated buyback programme over the subsequent 12 months, because it grapples with a falling share worth amid investor worries in regards to the affect of AI on its enterprise.
Elliott, which has built a significant stake in the company, has been pushing for a share buyback as a part of its discussions with LSEG on enhance efficiency.
The firm carried out £2.1bn of share buybacks in 2025 and plans £3bn of additional buybacks by February 2027.
Its share worth has fallen 31 per cent over the previous 12 months in response to market worries in regards to the affect of AI on its enterprise. LSEG makes most of its cash by promoting entry to markets information spanning bonds, equities, commodities and different asset courses to banks, brokers and traders.
It has signed partnerships with AI corporations, together with Anthropic and OpenAI, to permit its information for use on their platforms. LSEG stated it anticipated widening use of AI to create demand for its information. “Our customers believe our solutions are more valuable in an AI world, not less,” it stated.
It made £412mn from equities in 2025, representing 4.6 per cent of revenues, “driven by growth in trading volumes and data revenues”.
Initial public choices on the London Stock Exchange have remained muted over the previous 12 months. The FT reported this week that Elliott had assured the UK government about its intentions for the way forward for the alternate, addressing worries that it’d push for a break-up of the group.
LSEG reported pre-tax earnings of £1.97bn in 2025, a 56 per cent enhance on the 12 months earlier than. Revenues had been £8.97bn, a 5.8 per cent rise from 2024.
