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St. James’s Place Cancels 245,567 Shares After Latest Buyback

Story Highlights
  • St. James’s Place repurchased 245,567 shares on 23 March 2026 under its ongoing buyback programme.
  • The bought-back shares will be cancelled, reducing share capital to 523,489,576 shares and adjusting disclosure thresholds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
St. James’s Place Cancels 245,567 Shares After Latest Buyback

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

St. James’s Place has repurchased 245,567 of its own 15p ordinary shares on 23 March 2026, at prices between 1,168.5p and 1,253.5p and an average price of 1,221.6615p, under the shareholder-approved buyback authority and executed via Morgan Stanley & Co. International. The company plans to cancel these shares, leaving 523,489,576 shares in issue, a move that slightly reduces its share capital and provides an updated denominator for investors monitoring disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:STJ) stock is a Buy with a £1372.00 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. The company provides financial advice and investment management services primarily to retail and high-net-worth clients, focusing on long-term savings, retirement planning and wealth preservation in the UK market.

Average Trading Volume: 2,595,289

Technical Sentiment Signal: Buy

Current Market Cap: £6.28B

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

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