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WH Smith ( (GB:SMWH) ) has issued an announcement.
WH Smith PLC announced its recent transaction involving the purchase of 24,040 ordinary shares as part of its ongoing share buyback programme. Since the program’s inception, the company has repurchased a total of 875,791 shares, which are intended to be canceled, thereby potentially enhancing shareholder value by reducing the number of shares in circulation. This strategic move reflects WH Smith’s commitment to optimizing capital structure and providing returns to its shareholders.
More about WH Smith
WH Smith PLC operates in the retail industry, focusing on the sale of books, stationery, and other retail goods. The company is known for its presence in travel locations such as airports and train stations, as well as on the high street, serving a wide customer base across the UK and internationally.
YTD Price Performance: -9.18%
Average Trading Volume: 294,178
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.52B
See more data about SMWH stock on TipRanks’ Stock Analysis page.
