AJ BELL PLC ( (GB:AJB) ) has provided an announcement.
AJ Bell PLC, a company engaged in financial services, has executed a share buyback program, purchasing 72,906 of its ordinary shares at an average price of 418.24 pence per share. This move, part of a larger £30 million buyback initiative announced in December 2024, aims to cancel the acquired shares, reducing the total number of shares in issue to 409,444,567. This reduction in shares is expected to enhance shareholder value by increasing earnings per share and reflects the company’s confidence in its financial position.
More about AJ BELL PLC
YTD Price Performance: -5.44%
Average Trading Volume: 1,098,308
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.72B
See more data about AJB stock on TipRanks’ Stock Analysis page.