Activist hedge fund Elliott Investment Management has said London Stock Exchange Group can take additional steps to unlock shareholder value, despite welcoming the group’s newly announced £3bn share buyback, according to a report by Bloomberg.
The fund, led by Paul Singer, described the programme as a “positive first step” but said there remains scope for further value-enhancing actions. LSEG unveiled the buyback alongside a higher dividend and fresh financial guidance, after coming under pressu...
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