tiprankstipranks
Trending News
More News >

AJ Bell PLC Executes Share Buyback Program

Story Highlights
AJ Bell PLC Executes Share Buyback Program

Don’t Miss TipRanks’ Half-Year Sale

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

AJ Bell PLC, a financial services company, has announced the repurchase of 34,135 of its ordinary shares as part of a share buyback program valued up to £25 million. The shares were purchased at prices ranging from 482.20 pence to 489.20 pence per share, with an average price of 485.90 pence. The company plans to cancel these shares, which will result in a total of 406,053,316 ordinary shares in issue, affecting the total voting rights available to shareholders.

The most recent analyst rating on (GB:AJB) stock is a Buy with a £485.00 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.

Spark’s Take on GB:AJB Stock

According to Spark, TipRanks’ AI Analyst, GB:AJB is a Outperform.

AJ Bell PLC’s strong financial performance and positive corporate events are the primary drivers of its high overall score. The technical analysis supports a positive outlook, while the valuation indicates a premium pricing, which slightly tempers the overall attractiveness.

To see Spark’s full report on GB:AJB stock, click here.

More about AJ BELL PLC

Average Trading Volume: 822,672

Technical Sentiment Signal: Buy

Current Market Cap: £1.99B

See more insights into AJB stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1