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St. James’s Place ( (GB:STJ) ) has issued an update.
St. James’s Place plc corrected an earlier announcement relating to transactions in its own shares, clarifying the number of ordinary shares in issue while confirming that all other disclosed details remain unchanged. The company reported that on 24 March 2026 it repurchased 246,780 ordinary shares of 15 pence each on the London Stock Exchange and multilateral trading facilities at prices between 1,203p and 1,228.5p per share, with an average price of 1,215.6529p.
The purchased shares will be cancelled, leaving 523,247,546 ordinary shares in issue, a figure that will serve as the new denominator for regulatory disclosure and transparency calculations by shareholders and other obliged parties. The move forms part of an ongoing buyback programme authorised by shareholders and underscores St. James’s Place’s active capital management, which can support earnings per share and signal confidence in the company’s valuation to investors.
The most recent analyst rating on (GB:STJ) stock is a Buy with a £1371.00 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 focused on providing financial advice and investment services to retail and high-net-worth clients. Listed on the London Stock Exchange, it operates primarily in the UK market and uses capital management tools such as share buybacks to manage its equity base and enhance shareholder returns.
Average Trading Volume: 2,593,586
Technical Sentiment Signal: Buy
Current Market Cap: £6.28B
For a thorough assessment of STJ stock, go to TipRanks’ Stock Analysis page.