St. James’s Place Cancels Newly Repurchased Shares, Resets Share Capital Base

An update from St. James’s Place ( (GB:STJ) ) is now available.

St. James’s Place has continued its share buyback activity, purchasing 242,712 ordinary shares of 15 pence each on 1 April 2026 via Morgan Stanley & Co. International at prices ranging between 1,228p and 1,242p, with an average price of 1,236.0286p. The company plans to cancel these shares, leaving 522,236,706 ordinary shares in issue, a new capital base that will be used by investors and other market participants for regulatory disclosure calculations under UK transparency rules.

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 whose core business is providing financial advice and investment management services to retail and high-net-worth clients. Listed on the London Stock Exchange, it focuses on long-term savings, pensions, and investment products for customers primarily in the UK and selected international markets.

Average Trading Volume: 2,663,182

Technical Sentiment Signal: Buy

Current Market Cap: £6.05B

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