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Evening Standard
Evening Standard
Business
Holly Williams

LSEG boosts returns for shareholders amid activist investor pressure

LSEG CT the London Stock Exchange Group
The London Stock Exchange Group has delivered a boost for beleaguered shareholders with plans for a £3 billion share buyback (James Manning/PA) - (PA Wire)

The London Stock Exchange Group has unveiled plans for a £3 billion share buyback amid pressure from an activist investor and as artificial intelligence fears have hammered the stock.

LSEG said it would follow £2.1 billion in buybacks made last year with another £3 billion by February next year, on top of a hike in dividend payouts.

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