AJ Bell PLC Executes Share Buyback, Cancelling 82,942 Shares

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AJ Bell PLC Executes Share Buyback, Cancelling 82,942 Shares

AJ BELL PLC ( (GB:AJB) ) has shared an update.

AJ Bell PLC has announced the repurchase of 82,942 of its ordinary shares as part of a £30 million share buyback program. The shares, purchased through Jefferies International Limited, will be cancelled, reducing the total number of shares in issue to 407,681,740. This move is part of AJ Bell’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and shareholder interests.

More about AJ BELL PLC

YTD Price Performance: -7.13%

Average Trading Volume: 912,564

Technical Sentiment Signal: Sell

Current Market Cap: £1.66B

See more data about AJB stock on TipRanks’ Stock Analysis page.

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