AJ BELL PLC ( (GB:AJB) ) has shared an announcement.
AJ Bell PLC has executed a share buyback program, purchasing 71,247 of its ordinary shares through Jefferies International Limited. The buyback, part of a £30 million program announced in December 2024, aims to cancel the shares, reducing the total number of shares in issue to 409,517,473. This move is expected to enhance shareholder value by decreasing the number of shares outstanding, thereby potentially increasing earnings per share.
More about AJ BELL PLC
AJ Bell PLC operates in the financial services industry, providing investment platforms and services to retail investors and financial advisers. The company focuses on offering a range of investment options and tools to facilitate efficient portfolio management.
YTD Price Performance: -4.20%
Average Trading Volume: 1,064,331
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.74B
For a thorough assessment of AJB stock, go to TipRanks’ Stock Analysis page.