AJ BELL PLC ( (GB:AJB) ) has provided an announcement.
AJ Bell PLC has executed a share buyback program, purchasing 74,485 of its ordinary shares through Jefferies International Limited. The company intends to cancel these shares, reducing its total number of shares in issue to 409,295,250. This move is part of a broader £30 million buyback initiative announced in December 2024, aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
More about AJ BELL PLC
AJ Bell PLC is a financial services company that operates in the investment platform industry. It provides online investment platforms and stockbroking services to individual investors and financial advisors, focusing on offering a range of investment solutions and financial products.
YTD Price Performance: -5.43%
Average Trading Volume: 1,098,308
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.72B
Learn more about AJB stock on TipRanks’ Stock Analysis page.