AJ BELL PLC ( (GB:AJB) ) has provided an update.
AJ Bell PLC, a company engaged in financial services, has executed a share buyback program, purchasing 61,299 of its ordinary shares at prices ranging from 410.50 to 435.00 pence per share. This move, part of a £30 million buyback initiative announced in December 2024, will result in the cancellation of the purchased shares, reducing the total number of shares in issue to 408,528,033. This action aims to enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share and improving the company’s market position.
More about AJ BELL PLC
YTD Price Performance: -6.34%
Average Trading Volume: 883,475
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.7B
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