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AJ BELL PLC ( (GB:AJB) ) has provided an announcement.
AJ Bell PLC has executed a share buyback, purchasing 65,543 of its ordinary shares through Jefferies International Limited. This is part of its larger £30 million buyback program announced in December 2024. The company plans to cancel these shares, reducing its total shares in issue to 412,344,362. This action is likely intended to enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share and market value.
More about AJ BELL PLC
AJ Bell PLC operates in the financial services industry, primarily offering investment and stockbroking services. The company focuses on providing investment platforms and related financial services to both individual investors and financial advisors.
YTD Price Performance: -1.66%
Average Trading Volume: 970,628
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.83B
Find detailed analytics on AJB stock on TipRanks’ Stock Analysis page.
