St. James’s Place ( (GB:STJ) ) has provided an announcement.
St. James’s Place PLC has repurchased 191,948 of its ordinary shares on the London Stock Exchange, with plans to cancel these shares. This move, executed under shareholder authority from the 2024 Annual General Meeting, will reduce the total number of shares in circulation to 542,447,064. This action is part of the company’s strategy to manage its capital structure, potentially impacting shareholder value and market perception.
More about St. James’s Place
St. James’s Place PLC operates in the financial services industry, primarily offering wealth management services. The company focuses on providing investment, retirement planning, and tax advice to individual clients, with a significant presence in the UK market.
YTD Price Performance: 17.40%
Average Trading Volume: 2,758,803
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.32B
See more data about STJ stock on TipRanks’ Stock Analysis page.