London Stock Exchange Group Plc (LSEG), operator of the London Stock Exchange (LSE), in the first half of 2022 increased its pre-tax profit by 1.7 times, to 803 million pounds ($974 million) from 463 million pounds a year earlier .
Total earnings before deferred income rose 6.2% to £3.57bn, the company said in a statement. At the same time, the indicator, excluding the impact of the Russian-Ukrainian conflict, showed an increase of 7%.
Earlier, the LSE suspended the provision of trading and banking services in Russia.
The company’s Board of Directors approved an interim dividend of 31.7p per share, up 27% from last year.
In addition, LSEG announced the start of a £750m share buyback program. The buyback will start on the day of the announcement and will last for a year.