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LSEG reports 7.8% rise in first-half profit, announces buyback

LSEG reports 7.8% rise in first-half profit, announces buyback

Yahoo19 hours ago
(Reuters) -The London Stock Exchange Group on Thursday announced a share buyback program of 1 billion pounds ($1.33 billion) for the second half after reporting a better-than-expected rise in first-half profit, driven by strong performance across its businesses.
The company said total income, excluding recoveries, in the first half was 4.49 billion pounds, up 7.8% on an organic constant currency basis. Analysts were expecting a 7.5% increase on average, according to a company-compiled poll.
Reuters provides news for LSEG's news and data terminal Workspace.
($1 = 0.7541 pounds)
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