J D Wetherspoon ( (GB:JDW) ) has provided an update.
J D Wetherspoon plc announced the purchase of 100,000 of its ordinary shares at a weighted average price of 566.6903 pence per share, with plans to cancel the acquired shares. This move is part of the company’s strategy to manage its share capital, potentially enhancing shareholder value and signaling confidence in its market position.
More about J D Wetherspoon
J D Wetherspoon plc is a prominent player in the hospitality industry, primarily operating a chain of pubs across the United Kingdom. The company is known for offering a wide range of food and beverages at competitive prices, focusing on providing value to its customers in the pub sector.
YTD Price Performance: -5.00%
Average Trading Volume: 497,958
Technical Sentiment Signal: Buy
Current Market Cap: £658.7M
See more data about JDW stock on TipRanks’ Stock Analysis page.