RELX stock: Legal AI penetration tops 50% as buyback begins

RELX kept its full-year outlook after reporting strong underlying revenue growth for the first nine months of 2026. A new detail for investors is the reported expansion of Lexis+ Protégé, while the group has also launched another share-buyback tranche.

AI Tools Support Legal Growth

Underlying revenue increased 7% in the period, according to the company's October 22 trading update. Legal remained the strongest of the main operating divisions, with 10% underlying growth, followed by Risk at 8% and Scientific, Technical and Medical at 6%.

Investing.com reported that Lexis+ Protégé had exceeded 50% penetration among law firms and corporate legal clients. The platform's adoption is relevant to the group's strategy of shifting toward higher-growth analytics and decision tools that combine specialist content with advanced technology.

Buyback Adds Capital Return

RELX has also announced a non-discretionary GBP 125 million buyback tranche running through December 2, 2026. UBS London is executing the tranche as part of the group's GBP 2.25 billion 2026 capital-return program.

Management continues to expect strong underlying growth in revenue and adjusted operating profit, together with strong adjusted earnings per share growth at constant exchange rates. In Risk, Scientific, Technical and Medical, and Legal, adjusted operating profit is expected to grow faster than underlying revenue.

The real-time quote of RELX stock traded at 35.92 euros on Lang & Schwarz at 16:37 CET on Friday, October 30, 2026.

US market conditions remain relevant for valuation-sensitive information and analytics shares; investors can follow the S&P 500 for the wider US market.

For further company coverage, see More news and analyses on RELX stock.