
news release
Capital allocation update: launch of
30
We continue to trade strongly underpinned by our strategic execution and we expect to end this financial year in a favourable leverage position. This enables us to continue to invest in the business while also returning excess capital to shareholders.
Given this flexibility, we see opportunity to drive additional shareholder value through the introduction of increased share repurchases. Our medium-term financial framework, capital allocation framework and dividend policy are all unchanged.
The Experian plc Board has approved the following Programme:
· A share repurchase of up to
· The pace and form of the proposed capital return will be subject to market conditions, and the ongoing assessment of the capital needs of the business. The purpose of the Programme is to reduce the number of shares in issue and to meet obligations arising from employee share plans of c.
· Experian has entered into an engagement with JP Morgan in connection with the first tranche of the Programme, to commence immediately.
This announcement contains Inside Information.
Company LEI: 635400RXXHHYT1JTSZ26.
Contact:
Experian
Teneo
About Experian
Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software. We also assist millions of people to realise their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.
We invest in talented people and new advanced technologies to unlock the power of data and to innovate. A
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the