St. James’s Place Cancels Further Shares After March Buyback

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

St. James’s Place has continued its share buyback programme, repurchasing 237,803 ordinary shares of 15 pence each on 3 March 2026 at prices ranging between 1,240p and 1,289.5p, with an average price of 1,261.5479p, through Morgan Stanley on the London Stock Exchange and other trading venues. The company plans to cancel these shares, reducing the number of shares in issue to 526,756,339, a move that marginally enhances earnings per share, tightens the free float and provides an updated denominator for investors and other stakeholders monitoring disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:STJ) stock is a Hold with a £1300.00 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 GB:STJ Stock

According to Spark, TipRanks’ AI Analyst, GB: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 GB: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 and investment management services, primarily to retail and high-net-worth clients. Listed on the London Stock Exchange, it focuses on long-term savings, retirement planning and wealth preservation solutions within the UK financial services and asset management markets.

Average Trading Volume: 2,487,002

Technical Sentiment Signal: Buy

Current Market Cap: £6.84B

For detailed information about STJ stock, go to TipRanks’ Stock Analysis page.