WH Smith Executes Share Buyback to Optimize Capital Structure

An update from WH Smith ( (GB:SMWH) ) is now available.

WH Smith PLC, a prominent retailer, has announced the repurchase of 27,726 ordinary shares as part of its ongoing buyback program. This move, authorized by shareholders, is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value. The company plans to cancel these shares, which could impact the total voting rights and share distribution among stakeholders.

More about WH Smith

YTD Price Performance: -7.24%

Average Trading Volume: 232,439

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.37B

See more data about SMWH stock on TipRanks’ Stock Analysis page.