RELX shares surge 5.00% premarket after repurchasing 431,217 shares in latest buyback.

RELX surged 5.00% in premarket trading following its latest share buyback announcement. The company repurchased 431,217 shares in London, adding them to treasury stock, marking the continuation of its buyback program that has acquired 7.9 million shares since early January. This aggressive repurchase activity signals confidence in the stock's value and aligns with the upward price movement. While a prior negative event (Reason 1) had caused a sharp decline on February 3, the subsequent buyback news likely reversed sentiment, driving premarket gains. Other factors, including a short bias (Reason 4) and a product launch (Reason 6), were deemed less material to the immediate price action.