St. James’s Place ( (GB:STJ) ) has provided an update.
St. James’s Place PLC announced the repurchase of 204,000 of its ordinary shares on the London Stock Exchange, as authorized by its shareholders. The company plans to cancel these shares, reducing the total number of shares in issue to 542,045,064. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about St. James’s Place
St. James’s Place PLC operates in the financial services industry, offering wealth management services primarily in the UK. The company focuses on providing financial advice and investment management solutions to individuals and businesses.
YTD Price Performance: 15.90%
Average Trading Volume: 2,762,179
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.41B
Find detailed analytics on STJ stock on TipRanks’ Stock Analysis page.