The London Stock Exchange Group PLC UK:LSEG has vowed to buy back £1 billion ($1.24 billion) worth of its own shares from shareholders next year as the firm that owns Britain’s centuries old stock market pushes ahead with plans to transform itself into an artificial intelligence driven data company.
Since its $27 billion acquisition of Refinitiv in February 2021, LSEG has worked to remodel itself into a data and analytics company, with a view to capitalizing on surging demand for information, driven by the shift towards algorithmic…
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