Relx plc (REL)

Sector:

Media

Index:

FTSE 100

3,329.00p
   
  • Change Today:
      48.00p
  • 52 Week High: 3,504.00
  • 52 Week Low: 2,434.00
  • Currency: UK Pounds
  • Shares Issued: 1,844.29m
  • Volume: 1,997,532
  • Market Cap: £61,396m
  • RiskGrade: 128

Relx hikes dividend, announced £500m share buyback

By Frank Prenesti

Date: Thursday 10 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Information provider Relx lifted its dividend by 6% and announced a £500m share buyback on Thursday as it said it expected 2022 growth in underlying profit and revenue to be ahead of historical trends.
The company, previously called Reed Elsevier, posted an annual underlying revenue rise of 7% to £7.24bn as adjusted operating profit increased 13% to £2.2bn.

Pre-tax profit rose to £1.89bn from £1.48bn in the year to December 31 and the company proposed a 6% increase in the full-year dividend to 49.8 pence per share

"Following the improved performance in 2021 across the company, we expect 2022 full-year underlying growth rates in revenue and adjusted operating profit, as well as constant currency growth in adjusted earnings per share, to remain above historical trends," Relx said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Reed Elsevier Market Data

Currency UK Pounds
Share Price 3,329.00p
Change Today 48.00p
% Change 1.46 %
52 Week High 3,504.00
52 Week Low 2,434.00
Volume 1,997,532
Shares Issued 1,844.29m
Market Cap £61,396m
RiskGrade 128

Reed Elsevier Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.34% below the market average99.34% below the market average99.34% below the market average99.34% below the market average99.34% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
77.50% above the market average77.50% above the market average77.50% above the market average77.50% above the market average77.50% above the market average
74.47% above the sector average74.47% above the sector average74.47% above the sector average74.47% above the sector average74.47% above the sector average
Income
89.74% below the market average89.74% below the market average89.74% below the market average89.74% below the market average89.74% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
15.6% below the market average15.6% below the market average15.6% below the market average15.6% below the market average15.6% below the market average
4.55% below the sector average4.55% below the sector average4.55% below the sector average4.55% below the sector average4.55% below the sector average

What The Brokers Say

Strong Buy 4
Buy 6
Neutral 5
Sell 0
Strong Sell 0
Total 15
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Reed Elsevier Dividends

  Latest Previous
  Final Interim
Ex-Div 02-May-24 03-Aug-23
Paid 13-Jun-24 07-Sep-23
Amount 41.80p 17.00p

Trades for 26-Apr-2024

Time Volume / Share Price
16:36 2,423 @ 3,329.00p
16:35 916,750 @ 3,329.00p
16:35 1,112 @ 3,329.00p
16:35 1,319 @ 3,329.00p
16:35 2,246 @ 3,329.00p

Reed Elsevier Key Personnel

CEO Erik Engstrom
CFO N L Luff
Chair Paul Walker

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