tiprankstipranks

St. James’s Place Initiates £92.6 Million Share Buy-Back Programme

Story Highlights
St. James’s Place Initiates £92.6 Million Share Buy-Back Programme

St. James’s Place ( (GB:STJ) ) has shared an announcement.

St. James’s Place plc has announced a share buy-back programme with a maximum consideration of £92.6 million, commencing on 28 February 2025 and concluding by 30 June 2025. The programme aims to reduce the company’s capital and will be executed through an agreement with J.P. Morgan Securities plc, adhering to UK Financial Conduct Authority’s rules and the company’s shareholder-approved buy-back authority.

More about St. James’s Place

St. James’s Place plc operates in the financial services industry, focusing on wealth management services. It offers a range of investment, retirement, and financial planning solutions, primarily targeting affluent clients in the UK.

YTD Price Performance: 30.30%

Average Trading Volume: 2,561,945

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £6.11B

For detailed information about STJ stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App