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St. James’s Place PLC Announces Share Repurchase and Cancellation

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St. James’s Place PLC Announces Share Repurchase and Cancellation

An announcement from St. James’s Place ( (GB:STJ) ) is now available.

St. James’s Place PLC, a prominent financial services company, has announced the repurchase of 204,000 of its ordinary shares on the London Stock Exchange, with plans to cancel these shares. This move, executed through J.P. Morgan Securities, follows shareholder approval from the 2024 Annual General Meeting and is part of the company’s strategy to manage its share capital effectively. The cancellation of these shares will reduce the total number of shares in issue to 541,638,064, which may impact shareholder calculations under the Disclosure and Transparency Rules.

More about St. James’s Place

YTD Price Performance: 18.43%

Average Trading Volume: 2,787,891

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £5.53B

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

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