AJ BELL PLC ( (GB:AJB) ) has shared an announcement.
AJ Bell PLC has executed a share buyback program, purchasing 83,000 ordinary shares at a volume-weighted average price of 403.90 pence per share. This move is part of a larger £30 million buyback initiative announced in December 2024. The purchased shares will be cancelled, reducing the total number of shares in issue to 407,847,682, which represents the company’s total voting rights. This strategic action is likely to impact the company’s share value and market perception, potentially benefiting shareholders by increasing the value of remaining shares.
More about AJ BELL PLC
AJ Bell PLC is a financial services company that operates in the investment platform industry. It provides online investment platforms and stockbroking services, catering primarily to retail investors and financial advisers.
YTD Price Performance: -6.45%
Average Trading Volume: 913,619
Technical Sentiment Signal: Sell
Current Market Cap: £1.69B
Learn more about AJB stock on TipRanks’ Stock Analysis page.