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St. James’s Place Cancels 254,437 Shares After Buyback

Story Highlights
  • St. James’s Place repurchased 254,437 ordinary shares on 27 March 2026 at an average price of about 1,179 pence.
  • The company will cancel the bought-back shares, cutting shares in issue to 522,993,109 and updating the disclosure reference base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
St. James’s Place Cancels 254,437 Shares After Buyback

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

St. James’s Place has repurchased 254,437 of its 15p ordinary shares on 27 March 2026 via Morgan Stanley & Co. International, paying an average price of 1,179.0713 pence per share within a range of 1,168 to 1,193.5 pence. The company plans to cancel these shares, reducing the total number of shares in issue to 522,993,109, a figure that will now serve as the reference denominator for shareholders and others when calculating disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:STJ) stock is a Buy with a £1312.00 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 that provides financial advice, investment management, and related services to individual and corporate clients. Listed on the London Stock Exchange, it focuses on long-term savings, retirement planning, and wealth preservation for predominantly UK investors.

Average Trading Volume: 2,620,386

Technical Sentiment Signal: Buy

Current Market Cap: £6B

Find detailed analytics on STJ stock on TipRanks’ Stock Analysis page.

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