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

Story Highlights
  • St. James’s Place PLC repurchased 186,200 shares on the London Stock Exchange.
  • The share repurchase will reduce the total shares to 529,122,910, affecting shareholder calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
St. James’s Place PLC Announces Share Repurchase and Cancellation

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

St. James’s Place PLC announced the repurchase of 186,200 of its ordinary shares on the London Stock Exchange, with the intention to cancel these shares. This move, executed under the authority granted by shareholders at the 2025 Annual General Meeting, will reduce the total number of shares in circulation to 529,122,910, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:STJ) stock is a Buy with a £15.30 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 GB:STJ Stock

According to Spark, TipRanks’ AI Analyst, GB:STJ is a Neutral.

St. James’s Place presents a stable outlook with strong revenue growth and strategic initiatives. However, challenges in profitability, cash flow, and bearish technical indicators weigh on the score. The fair valuation and positive earnings sentiment provide support, but improvements in profitability and cash flow are crucial for future growth.

To see Spark’s full report on GB:STJ stock, click here.

More about St. James’s Place

St. James’s Place PLC operates in the financial services industry, focusing primarily on wealth management services. The company offers a range of financial products and services, including investment management, retirement planning, and tax advice, primarily targeting affluent individuals and families.

Average Trading Volume: 1,967,380

Technical Sentiment Signal: Buy

Current Market Cap: £6.55B

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

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