London Stock Exchange Group set out plans to return £1 billion to shareholders via buybacks today, with financial data powered by AI at the centre of its growth plan.
The business, which has become less reliant on the fate of the London Stock Exchange itself, focusing more on data services through arms such as Refinitiv, laid out its medium-term plans today. While the stock exchange the group is named for has struggled amid a dearth of new floats and some high-profile departures this year, Refinitiv - currently in the process of being rebranded under the LSEG name - has continued to grow.
