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The latest update is out from WH Smith ( (GB:SMWH) ).
WH Smith PLC has announced the acquisition of 25,839 of its own ordinary shares as part of its ongoing share buyback program, which was initiated in September 2024. This move, facilitated by Barclays, signifies the company’s commitment to enhancing shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and providing a favorable signal to the market.
More about WH Smith
WH Smith PLC operates in the retail industry, primarily offering books, stationery, and related products. The company focuses on serving customers through both physical and online retail channels, with a strong market presence in the United Kingdom and expanding operations internationally.
YTD Price Performance: -3.36%
Average Trading Volume: 271,301
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.47B
Learn more about SMWH stock on TipRanks’ Stock Analysis page.
