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St. James’s Place Cancels Newly Repurchased Shares, Updates Share Count

Story Highlights
  • St. James’s Place repurchased 229,702 ordinary shares on 13 March 2026.
  • The cancelled shares cut the share count to 524.9 million, modestly boosting EPS and updating disclosure thresholds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
St. James’s Place Cancels Newly Repurchased Shares, Updates Share Count

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St. James’s Place ( (GB:STJ) ) just unveiled an announcement.

St. James’s Place has continued its share buyback programme, purchasing 229,702 ordinary shares of 15 pence each on 13 March 2026 via Morgan Stanley at prices between 1,292p and 1,320p, with an average price of 1,306.04p. The company plans to cancel these shares, reducing the total number in issue to 524,913,559, a move that marginally enhances earnings per share and provides an updated denominator for investors monitoring disclosure and transparency thresholds.

The most recent analyst rating on (GB:STJ) stock is a Buy with a £1870.00 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 focuses on providing financial advice and investment management services to retail and high-net-worth clients, primarily in the UK, through a network of financial advisers.

Average Trading Volume: 2,548,486

Technical Sentiment Signal: Buy

Current Market Cap: £6.67B

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

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