RELX PLC Drops 0.07% Amid Share Buyback

RELX PLC's stock price experienced a slight decline of 0.07% today, reflecting a minor adjustment in the market sentiment towards the company.

The strategy of buying RELX shares after they reached a recent low and holding for 1 week yielded positive returns over the past 5 years, but underperformed the market. The annualized return was 7.81%, compared to the MSCI Europe NR Index's 13.15%. However, the strategy had a lower maximum drawdown of 7.62% compared to the index's 15.8%, indicating better risk management.

On May 20, 2025, RELX PLC announced the purchase of 210,868 ordinary shares, with the highest price paid per share at 4124 pence. This transaction in own shares could signal confidence from the company in its own valuation or be part of strategic financial management, potentially influencing investor perceptions and stock price movements.