AJ BELL PLC ( (GB:AJB) ) just unveiled an announcement.
AJ Bell PLC has completed a share buyback program, purchasing 77,174 ordinary shares through Jefferies International Limited. This buyback, part of a £30 million program announced in December 2024, involved shares priced between 409.40 and 428.40 pence, with a volume-weighted average price of 415.92 pence. The purchased shares will be canceled, leaving the company with 406,687,800 ordinary shares in issue, which represents the total voting rights.
Spark’s Take on GB:AJB Stock
According to Spark, TipRanks’ AI Analyst, GB:AJB is a Outperform.
AJ Bell PLC’s strong financial performance and strategic corporate actions like share buybacks highlight its robust market positioning. Despite some technical indicators pointing to potential short-term challenges, its valuation and dividend yield support a favorable investment outlook.
To see Spark’s full report on GB:AJB stock, click here.
More about AJ BELL PLC
YTD Price Performance: -7.17%
Average Trading Volume: 876,577
Technical Sentiment Signal: Hold
Current Market Cap: £1.67B
Learn more about AJB stock on TipRanks’ Stock Analysis page.