St. James’s Place ( (GB:STJ) ) has provided an update.
St. James’s Place PLC announced the repurchase of 203,000 of its ordinary shares at an average price of 1,004.1459 pence per share on the London Stock Exchange. This move, authorized by shareholders at the 2024 Annual General Meeting, aims to cancel the repurchased shares, reducing the total number of shares in issue to 541,842,064. This action is part of the company’s strategy to manage its capital structure and enhance shareholder value.
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 personalized financial advice and investment solutions to individuals and businesses, positioning itself as a leading player in the UK market.
YTD Price Performance: 15.78%
Average Trading Volume: 2,756,872
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.41B
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