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AJ BELL PLC ( (GB:AJB) ) has provided an announcement.
AJ Bell PLC has announced the purchase of 108,458 of its ordinary shares as part of a share buyback program worth up to £30 million, executed through Jefferies International Limited. The acquired shares, purchased at an average price of 473.66 pence, will be canceled, resulting in a total of 412,359,396 shares in issue. This move indicates AJ Bell’s strategic initiative to optimize its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
More about AJ BELL PLC
YTD Price Performance: 56.92%
Average Trading Volume: 971,177
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.95B
For detailed information about AJB stock, go to TipRanks’ Stock Analysis page.
