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WH Smith ( (GB:SMWH) ) just unveiled an update.
WH Smith PLC, a prominent player in the retail sector, has announced the acquisition of 25,188 of its own ordinary shares as part of a buyback programme. This strategic move, in alignment with shareholder approval from the Annual General Meeting, aims to reduce the total number of shares in circulation, potentially enhancing shareholder value. Since the programme’s inception, the company has reacquired a total of 826,220 shares, indicating a significant effort to consolidate ownership and potentially improve market perceptions of its stock.
More about WH Smith
YTD Price Performance: -8.42%
Average Trading Volume: 283,410
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.54B
For detailed information about SMWH stock, go to TipRanks’ Stock Analysis page.
