St. James’s Place Buys Back and Cancels 230,888 Shares

St. James’s Place ( (GB:STJ) ) just unveiled an announcement.

St. James’s Place has continued its share buyback activity, purchasing 230,888 ordinary shares of 15 pence each on 12 March 2026 on the London Stock Exchange and various multilateral trading facilities at prices ranging between 1,287p and 1,308.5p, with an average price of 1,299.3274p. The company plans to cancel these shares, which will reduce the number of ordinary shares in issue to 525,143,261 and slightly increase existing shareholders’ proportional ownership, while updating the denominator used for regulatory disclosure and transparency calculations.

The most recent analyst rating on (GB:STJ) stock is a Buy with a £1870.00 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.

The score is driven primarily by improving financial performance but tempered by volatility in earnings and especially cash flows. The latest earnings call was supportive (higher payout target, consensus beat, product traction and cost-savings plan), while technical indicators are the main drag due to weak near-term momentum. Valuation appears reasonable, with a modest dividend yield.

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

More about St. James’s Place

St. James’s Place plc is a UK-based wealth management group that provides financial advice and investment management services to individual and corporate clients. Listed on the London Stock Exchange, it focuses on long-term savings, retirement planning and wealth preservation solutions for investors across the UK and selected international markets.

Average Trading Volume: 2,534,348

Technical Sentiment Signal: Buy

Current Market Cap: £6.75B

For an in-depth examination of STJ stock, go to TipRanks’ Overview page.