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Feb 26 (Reuters) - London Stock Exchange Group LSEG.L said on Thursday it plans to buy back a further 3 billion pounds ($4.07 billion) of shares over the next 12 months as the company comes under pressure from activist investor Elliott Management.

The new buyback comes below the 5 billion pounds that Elliott has called for. New York-based activist investor Elliott Management in recent weeks took a stake in the firm and also pushed for a portfolio review.

LSEG's total income grew 7.1% in 2025 on an organic basis, excluding recoveries, in line with a 7% rise expected by analysts in a company-compiled poll.

The company expects 2026 total income to grow between 6.5% and 7.5% on an organic constant currency basis, excluding recoveries. Analysts had expected growth of about 6.7% on average, according to a company-compiled poll.

Reuters provides news for LSEG's news and data terminal, Workspace, and other products.

($1 = 0.7378 pounds)