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WH Smith Continues Share Buyback Program
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WH Smith Continues Share Buyback Program

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WH Smith ( (GB:SMWH) ) just unveiled an update.

WH Smith PLC has announced the repurchase of 25,295 of its ordinary shares as part of a buyback program initiated in September 2024. This move is a continuation of their strategy to enhance shareholder value, with the intention to cancel the repurchased shares, thereby reducing the total number of shares in circulation to 129,889,690. The company has purchased a total of over 1 million shares under this program, potentially impacting voting rights and shareholder calculations as per the Financial Conduct Authority’s regulations.

More about WH Smith

WH Smith PLC operates within the retail industry, focusing primarily on books, stationery, magazines, and other related products. The company has a market presence that includes both physical store locations and digital platforms.

YTD Price Performance: -0.25%

Average Trading Volume: 271,298

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £1.52B

Learn more about SMWH stock on TipRanks’ Stock Analysis page.

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