Key facts
- LSEG reported record first-half financial results for the period ending June 30, 2026.
- Total income, excluding recoveries, rose 6.9% to £4.8 billion.
- The company announced a new share buyback program valued at up to £700 million.
- LSEG has already completed £2.1 billion in share buybacks in the first half of the year.
- The cost-saving program initiated in March of the previous year is nearing completion.
London Stock Exchange Group (LSEG) has reported a record first half for 2026, with total income rising 6.9% to £4.8 billion. The company also announced a new share buyback program of up to £700 million, set to commence immediately and conclude by November 6, 2026. This follows the completion of a £2.1 billion share buyback program in the first half of the year.
CEO David Schwimmer stated that the company demonstrated strong growth across all businesses, driven by product innovation and customer partnerships. He highlighted the acceleration of subscription businesses and progress in the LSEG Everywhere data strategy, emphasizing LSEG's role in providing AI-ready data solutions to financial services customers. The Markets businesses achieved double-digit growth, with plans for LSE 24 and the Private Securities Market opening new opportunities.
LSEG reported significant margin improvements, with adjusted EBITDA up 14.1% and a margin of 52.7%. Adjusted earnings per share increased by 17.2% to 244.9p. The company also noted strong cash generation, with equity free cash flow reaching £1.2 billion. The three-year, £150 million cost-saving program announced in March of the previous year is nearing completion.