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St. James’s Place Announces Share Repurchase and Cancellation

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St. James’s Place Announces Share Repurchase and Cancellation

St. James’s Place ( (GB:STJ) ) just unveiled an update.

St. James’s Place plc announced the repurchase of 158,000 of its ordinary shares on the London Stock Exchange, with plans to cancel these shares. This move, conducted under shareholder authority from the 2024 Annual General Meeting, will reduce the total number of shares in issue to 543,712,196, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

More about St. James’s Place

St. James’s Place plc operates in the financial services industry, primarily offering wealth management services. The company focuses on providing personalized financial advice and investment management solutions to individuals and businesses.

YTD Price Performance: 21.89%

Average Trading Volume: 2,665,983

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £5.71B

See more insights into STJ stock on TipRanks’ Stock Analysis page.

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