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AJ Bell cancels 100,000 shares in latest phase of £50m buyback

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AJ Bell cancels 100,000 shares in latest phase of £50m buyback

Meet Samuel – Your Personal Investing Prophet

An announcement from AJ BELL PLC ( (GB:AJB) ) is now available.

AJ Bell plc has continued its previously announced share buyback programme of up to £50m, repurchasing 100,000 ordinary shares on 4 March 2026 through Jefferies International at a volume-weighted average price of 446.18 pence. The company plans to cancel these shares, reducing the total number of ordinary shares in issue to 398,109,942, which will become the new total voting rights figure for shareholders’ disclosure calculations under UK regulatory rules.

The latest tranche of buybacks, executed across multiple trading venues including the London Stock Exchange, Chi-X, BATE, Aquis and Turquoise, underscores AJ Bell’s ongoing capital management strategy and signals confidence in its equity valuation. The reduction in share count is expected to be marginally accretive to earnings per share and slightly increase existing investors’ relative ownership stakes, while also clarifying the updated denominator for regulatory stake notifications.

The most recent analyst rating on (GB:AJB) stock is a Buy with a £520.00 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.

Spark’s Take on GB:AJB Stock

According to Spark, TipRanks’ AI Analyst, GB:AJB is a Neutral.

AJ Bell PLC’s strong financial performance is the most significant factor, highlighting robust growth and profitability. However, technical analysis indicates bearish momentum, which negatively impacts the overall score. The valuation is fair but not compelling enough to offset the technical weaknesses.

To see Spark’s full report on GB:AJB stock, click here.

More about AJ BELL PLC

AJ Bell plc is a UK-based investment platform and financial services provider listed on the London Stock Exchange. The company offers online investment, pension and ISA products to retail customers and financial advisers, focusing on low-cost, self-directed and advised investing in the UK savings and retirement market.

Average Trading Volume: 1,297,540

Technical Sentiment Signal: Sell

Current Market Cap: £1.73B

Find detailed analytics on AJB stock on TipRanks’ Stock Analysis page.

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