LSEG CEO Says £3 Billion Buyback Is 'Right Amount'
Market Intelligence Analysis
AI-PoweredLSEG CEO David Schwimmer announced a £3 billion buyback plan, calling it the largest in the company's history, indicating a positive sentiment towards the company's stock.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
London Stock Exchange Group Plc Chief Executive Officer David Schwimmer discusses the group's plans to buy back £3 billion ($4.1 billion) of its own shares. Speaking on Bloomberg Television, Schwimmer says £3 billion is "the biggest buyback" the LSEG has ever announced. (Source: Bloomberg)
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