London Stock Exchange Group plc (LSE:LSEG) commences share repurchases on August 5, 2022, under the program mandated by the shareholders in the Annual General Meeting held on April 27, 2022. As per the mandate, the company is authorized to repurchase up to 55,814,730 shares, representing 10.9% of its issued share capital. The minimum price which may be paid for each ordinary share shall not be less than the nominal value of the ordinary shares at the time of purchase and the maximum price which may be paid for each ordinary share is the higher of an amount equal to 105% of the average of the middle market quotations for an ordinary share, as derived from the London Stock Exchange Daily Official List, for the five business days immediately preceding the day on which the ordinary share is purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System.

Any shares purchased under this authority may either be cancelled or held as treasury shares. The authority shall expire at the earliest of the conclusion of the next Annual General Meeting, or 18 months from the date of resolution, whichever is earlier. As of March 16, 2022, the company had 512,135,365 ordinary shares in issue.