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AJ Bell Executes Share Buyback to Enhance Shareholder Value

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AJ Bell Executes Share Buyback to Enhance Shareholder Value

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

AJ Bell PLC has executed a share buyback, purchasing 65,638 of its ordinary shares at an average price of 417.17 pence per share. This move, part of a £30 million buyback program, will see the shares canceled, reducing the total number of shares in issue to 408,589,332. This action is expected to enhance shareholder value and streamline the company’s capital structure.

More about AJ BELL PLC

AJ Bell PLC operates in the financial services industry, providing investment platforms and stockbroking services. The company focuses on offering a range of investment solutions to retail investors and financial advisers.

YTD Price Performance: -6.22%

Average Trading Volume: 910,806

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.7B

Learn more about AJB stock on TipRanks’ Stock Analysis page.

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