WH Smith ( (GB:SMWH) ) has shared an update.
WH Smith PLC, a prominent retail company, has announced the purchase of 25,662 of its own ordinary shares as part of a buyback program initiated in September 2024. This move, approved by shareholders, aims to cancel the shares, thereby potentially increasing the value of remaining shares and demonstrating confidence in the company’s future performance. The total number of shares purchased under this program now stands at 1,842,636, indicating a significant commitment to the buyback strategy.
More about WH Smith
YTD Price Performance: 0.22%
Average Trading Volume: 243,401
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.49B
See more data about SMWH stock on TipRanks’ Stock Analysis page.