WH Smith ( (GB:SMWH) ) just unveiled an announcement.
WH Smith PLC, a company involved in retail and services, has announced the purchase of 27,131 ordinary shares as part of its ongoing buyback program. This move, authorized by shareholders, is part of a larger initiative that has seen the company repurchase over 2 million shares. The cancellation of these shares is intended to consolidate the company’s share capital, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
More about WH Smith
YTD Price Performance: -7.67%
Average Trading Volume: 233,402
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.37B
See more insights into SMWH stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com