St. James’s Place ( (GB:STJ) ) has issued an update.
St. James’s Place PLC announced the repurchase of 203,631 of its ordinary shares on the London Stock Exchange, with plans to cancel these shares. This move, executed through J.P. Morgan Securities plc, is part of the company’s strategy to manage its share capital, following shareholder approval at the 2024 Annual General Meeting. The cancellation of shares will reduce the total number of shares in issue to 541,026,049, which may impact shareholder calculations under the Disclosure and Transparency Rules.
More about St. James’s Place
St. James’s Place PLC operates in the financial services industry, primarily focusing on wealth management and financial planning services. The company is known for providing investment management, retirement planning, and tax advice to its clients, with a strong market presence in the UK.
YTD Price Performance: 18.20%
Average Trading Volume: 2,467,225
Technical Sentiment Signal: Sell
Current Market Cap: £5.5B
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