AJ BELL PLC ( (GB:AJB) ) has issued an update.
AJ Bell PLC has executed a share buyback program, purchasing 65,638 of its ordinary shares through Jefferies International Limited. The shares were bought at a volume-weighted average price of 417.17 pence per share, with the highest price paid being 421.50 pence and the lowest 413.00 pence. The company plans to cancel the purchased shares, reducing the total number of shares in issue to 408,589,332. This move is part of a larger £30 million buyback initiative announced in December 2024, aiming to enhance shareholder value and optimize the capital structure.
More about AJ BELL PLC
YTD Price Performance: -6.22%
Average Trading Volume: 910,806
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.7B
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