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AJ BELL PLC ( (GB:AJB) ) has issued an update.
AJ Bell PLC has announced a share buyback as part of a program to repurchase up to £30 million of its ordinary shares. The company purchased 60,204 shares at a weighted average price of 426.32 pence per share and plans to cancel these shares, reducing the total number of shares in issue to 412,284,158. This strategic move could impact the company’s market positioning by improving shareholder value and reducing capital costs.
More about AJ BELL PLC
YTD Price Performance: -6.74%
Average Trading Volume: 984,933
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.86B
For a thorough assessment of AJB stock, go to TipRanks’ Stock Analysis page.
