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IN BRIEF: St James's Place launches GBP123 million share buyback

2nd Mar 2026 11:45

St James's Place PLC - Cirencester, Gloucestershire-based wealth manager - Begins on Monday a share buyback programme worth up to GBP122.6 million to reduce capital. The buyback will be run by Morgan Stanley & Co International PLC and will be completed by August 31. The buyback follows the company's 2025 earnings, published on Wednesday last week, when St James's Place increased its plan for shareholder distributions, both dividends and share buybacks, to 70% of its underlying cash results from 50%.

Current stock price: 1,324.50 pence, down 1.9% on Monday morning in London

12-month change: up 20%

By Eva Castanedo, Alliance News reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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