St. James’s Place ( (GB:STJ) ) has shared an update.
St. James’s Place plc announced the repurchase of 184,000 of its ordinary shares at an average price of 1,020.9391 pence per share on the London Stock Exchange. The company plans to cancel these shares, reducing the total number of shares in issue to 542,827,012. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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 solutions to individuals and businesses in the UK.
YTD Price Performance: 16.36%
Average Trading Volume: 2,762,590
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.44B
See more insights into STJ stock on TipRanks’ Stock Analysis page.
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