London Stock Exchange says Refinitiv costs and savings on track

London Stock Exchange says Refinitiv costs and savings on track

Summary : The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo/File Photo

LONDON, Aug 4 (Reuters) – The London Stock Exchange Group (LSEG.L) said on Friday that costs and savings targets for integrating its $27 billion acquisition of data company Refinitiv remain unchanged, and that it was launching a 750 million pound ($910.65 million) share buy-back.

“We are managing costs well and we continue to make progress on achievement of synergies,” LSEG Chief Executive David Schwimmer said in a statement announcing the company’s half-year results.

The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo/File PhotoLONDON, Aug 4 (Reuters) – The London Stock Exchange Group (LSEG.L) said on Friday that costs and savings targets for integrating its $27 billion acquisition of data company Refinitiv remain unchanged, and that it was launching a 750 million pound ($910.65 million) share buy-back.”We are managing costs well and we continue to make progress on achievement of synergies,” LSEG Chief Executive David Schwimmer said in a statement announcing the company’s half-year results.