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AJ Bell PLC Announces Share Buyback and Share Cancellation

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AJ Bell PLC Announces Share Buyback and Share Cancellation

AJ BELL PLC ( (GB:AJB) ) has issued an announcement.

AJ Bell PLC, a financial services company, has announced the purchase of 72,876 of its own shares as part of a £30 million share buyback program initiated in December 2024. The shares were bought at a volume-weighted average price of 423.45 pence and will be canceled, reducing the total number of shares in issue to 409,588,720. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

More about AJ BELL PLC

YTD Price Performance: -6.56%

Average Trading Volume: 1,053,020

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.7B

For a thorough assessment of AJB stock, go to TipRanks’ Stock Analysis page.

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