St. James’s Place ( (GB:STJ) ) has shared an update.
St. James’s Place PLC has repurchased 177,423 of its ordinary shares on the London Stock Exchange, with the intention to cancel them. This move, executed through J.P. Morgan Securities plc, is part of a strategy to manage its share capital, potentially enhancing shareholder value by reducing the number of shares in circulation. Following this transaction, the total number of shares in issue will be 543,011,012, which stakeholders can use for calculating their interests under the Disclosure and Transparency Rules.
More about St. James’s Place
St. James’s Place is a financial services company that operates in the wealth management industry. It primarily offers investment and financial planning services to individuals and businesses, focusing on providing tailored solutions to meet clients’ financial goals.
YTD Price Performance: 19.82%
Average Trading Volume: 2,725,067
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.61B
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