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St. James’s Place Announces Share Buyback and Cancellation

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St. James’s Place Announces Share Buyback and Cancellation

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The latest announcement is out from St. James’s Place ( (GB:STJ) ).

St. James’s Place plc, a prominent financial services company, has announced the purchase of 225,200 of its ordinary shares on the London Stock Exchange through Merrill Lynch International. This move, authorized by shareholders at the 2025 Annual General Meeting, is part of the company’s strategy to manage its share capital effectively. The purchased shares are intended to be canceled, reducing the total number of shares in circulation to 532,394,001. This action may impact shareholder calculations under the Disclosure and Transparency Rules, as the new share count will serve as the denominator for determining notification obligations.

The most recent analyst rating on (GB:STJ) stock is a Buy with a £14.00 price target. To see the full list of analyst forecasts on St. James’s Place stock, see the GB:STJ Stock Forecast page.

Spark’s Take on GB:STJ Stock

According to Spark, TipRanks’ AI Analyst, GB:STJ is a Neutral.

St. James’s Place presents a stable outlook with strong revenue growth and strategic initiatives. However, challenges in profitability, cash flow, and bearish technical indicators weigh on the score. The fair valuation and positive earnings sentiment provide support, but improvements in profitability and cash flow are crucial for future growth.

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

More about St. James’s Place

Average Trading Volume: 1,728,206

Technical Sentiment Signal: Buy

Current Market Cap: £6.91B

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

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