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St. James’s Place Cancels 233,031 Shares After Latest Buyback

Story Highlights
  • St. James’s Place repurchased 233,031 ordinary shares on 20 April 2026 for cancellation, at an average price of about 1,287p per share.
  • The buyback reduces the company’s shares in issue to 519,863,722, tightening its capital base and updating disclosure thresholds for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
St. James’s Place Cancels 233,031 Shares After Latest Buyback

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St. James’s Place ( (GB:STJ) ) has issued an announcement.

St. James’s Place plc has repurchased 233,031 of its 15p ordinary shares on 20 April 2026 through Morgan Stanley & Co. International, paying prices between 1,279p and 1,303.5p per share, at an average of 1,287.3818p. The company intends to cancel these shares, which will reduce the number of ordinary shares in issue to 519,863,722.

By shrinking its share count, St. James’s Place is executing a capital management strategy that can enhance earnings per share and signal confidence in the business to investors. The updated share capital figure also provides a new reference point for shareholders and other stakeholders when calculating disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:STJ) stock is a Buy with a £1810.00 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 STJ Stock

According to Spark, TipRanks’ AI Analyst, 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 STJ stock, click here.

More about St. James’s Place

St. James’s Place plc is a UK-based wealth management group focused on providing financial advice and investment management services to individual and corporate clients. Listed on the London Stock Exchange, it operates in the retail financial services sector with a strong presence in long-term savings, pensions, and investment products for UK investors.

Average Trading Volume: 2,850,167

Technical Sentiment Signal: Buy

Current Market Cap: £6.6B

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

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