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

Story Highlights
  • St. James’s Place PLC repurchased 188,000 shares on the London Stock Exchange.
  • The company plans to cancel these shares, reducing the total shares in issue to 539,386,656.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
St. James’s Place PLC Announces Share Repurchase and Cancellation

The latest announcement is out from St. James’s Place ( (GB:STJ) ).

St. James’s Place PLC has repurchased 188,000 of its ordinary shares on the London Stock Exchange, with prices ranging from 932.6 to 963 pence per share, and an average price of 946.2537 pence. The company plans to cancel these shares, reducing the total number of shares in issue to 539,386,656, which may impact shareholder calculations under disclosure and transparency rules.

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 financial advice and investment management solutions to individuals and businesses, positioning itself as a leading player in the UK market.

YTD Price Performance: 8.99%

Average Trading Volume: 2,527,492

Technical Sentiment Signal: Sell

Current Market Cap: £5.18B

Learn more about STJ stock on TipRanks’ Stock Analysis page.

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