WH Smith PLC Advances Share Buyback Program

WH Smith ( (GB:SMWH) ) has provided an update.

WH Smith PLC announced the purchase of 27,297 ordinary shares as part of its ongoing buyback program, initiated in September 2024. This move is part of a broader strategy to manage the company’s capital structure and enhance shareholder value, with a total of 2,057,304 shares repurchased to date. The cancellation of these shares will adjust the total voting rights, impacting shareholder calculations under the Financial Conduct Authority’s rules.

More about WH Smith

WH Smith PLC operates in the retail industry, primarily focusing on the sale of books, stationery, magazines, and other related products. The company has a significant presence in both travel and high street retail markets, catering to a wide range of consumer needs.

YTD Price Performance: -5.78%

Average Trading Volume: 231,865

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.4B

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