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AJ BELL PLC ( (GB:AJB) ) has provided an announcement.
AJ Bell PLC has announced a purchase of 135,389 of its ordinary shares as part of a £30 million share buyback program. This move is aimed at reducing the number of shares in circulation, thereby potentially enhancing shareholder value by increasing the earnings per share. Following the cancellation of these shares, the total number of shares in issue will be 410,949,850, which will impact the denominator for shareholder voting rights calculations.
More about AJ BELL PLC
AJ Bell PLC operates in the financial services industry, primarily focusing on investment platforms and stockbroking services. The company caters to individual investors, financial advisers, and wealth managers, offering a range of investment products and services.
YTD Price Performance: 0.76%
Average Trading Volume: 1,004,723
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.84B
Find detailed analytics on AJB stock on TipRanks’ Stock Analysis page.
