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St. James’s Place ( (GB:STJ) ) has issued an update.
St. James’s Place plc announced the repurchase of 186,000 of its ordinary shares on the London Stock Exchange, in line with the authority granted by its shareholders at the 2024 Annual General Meeting. The company intends to cancel these shares, reducing the total number of ordinary shares in issue to 539,013,656. 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, families, and businesses, primarily in the UK market.
YTD Price Performance: -5.78%
Average Trading Volume: 2,359,843
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.37B
See more insights into STJ stock on TipRanks’ Stock Analysis page.