St. James’s Place ( (GB:STJ) ) has shared an update.
St. James’s Place PLC has executed a share buyback program, purchasing 204,299 of its ordinary shares on the London Stock Exchange. The shares were bought at an average price of 1,032.6087 pence each, and the company plans to cancel them, reducing the total number of shares in circulation to 541,229,680. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
More about St. James’s Place
YTD Price Performance: 19.01%
Average Trading Volume: 2,515,883
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.52B
For an in-depth examination of STJ stock, go to TipRanks’ Stock Analysis page.