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St. James’s Place Cancels 239,374 Shares After Latest Buyback

Story Highlights
  • St. James’s Place repurchased 239,374 ordinary shares on 27 April 2026, paying an average 1,253.27 pence per share for cancellation.
  • Following this buyback, shares in issue fall to 518,690,019, modestly boosting per-share metrics and updating disclosure denominators for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
St. James’s Place Cancels 239,374 Shares After Latest Buyback

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St. James’s Place ( (GB:STJ) ) has provided an update.

St. James’s Place has repurchased 239,374 of its 15 pence ordinary shares on 27 April 2026 via the London Stock Exchange and multilateral trading facilities, paying an average price of 1,253.27 pence per share. The company plans to cancel these shares, reducing the total number of shares in issue to 518,690,019.

The reduced share count will be used as the new denominator for investors and other parties required to report holdings under UK disclosure and transparency rules. The transaction continues the company’s ongoing buyback activity, marginally enhancing earnings per share and potentially supporting the share price, while clarifying the capital structure for stakeholders subject to notification obligations.

The most recent analyst rating on (GB:STJ) stock is a Buy with a £1840.37 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 listed on the London Stock Exchange. The company provides financial advice, investment management and related services primarily to individual and affluent clients, positioning itself as a major player in the UK retail wealth and savings market.

Average Trading Volume: 3,144,866

Technical Sentiment Signal: Buy

Current Market Cap: £6.42B

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

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