U.K.-based asset management business St. James's Place plc (STJ) on Friday announced the commencement of a share buyback program of up to
92.6 million pounds. The programme would end no later than June 30, 2025.
The sole purpose of the buy-back programme is to reduce the company's capital.
The programme would be carried out through an irrevocable non-discretionary agreement with J.P. Morgan Securities plc.
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