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St. James’s Place Cancels 242,712 Shares After Latest Buyback

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St. James’s Place Cancels 242,712 Shares After Latest Buyback

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

St. James’s Place plc has repurchased 242,712 of its own 15 pence ordinary shares on 1 April 2026 via the London Stock Exchange and multilateral trading facilities, paying an average price of 1,236.0286 pence per share. The company plans to cancel these shares, reducing the total number of ordinary shares in issue to 522,236,706, a new reference figure for investors and other market participants when assessing disclosure and transparency thresholds.

The most recent analyst rating on (GB:STJ) stock is a Buy with a £1324.00 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 listed on the London Stock Exchange, providing financial advice and investment management services primarily to individual and corporate clients. The company operates through a network of advisers, focusing on long-term savings, retirement planning and related financial solutions in the UK market.

Average Trading Volume: 2,663,182

Technical Sentiment Signal: Buy

Current Market Cap: £6.05B

Learn more about STJ stock on TipRanks’ Stock Analysis page.

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