The latest update is out from WH Smith ( (GB:SMWH) ).
WH Smith PLC, a well-known retail company, has announced the purchase of 26,700 ordinary shares as part of its ongoing share buyback program. This move, authorized by shareholders at the company’s recent Annual General Meeting, is part of a broader strategy that has seen the company repurchase over 2 million shares since the program’s inception. The shares acquired will be canceled, which could potentially enhance shareholder value by reducing the total number of shares in circulation, thereby increasing earnings per share.
More about WH Smith
YTD Price Performance: -9.47%
Average Trading Volume: 220,328
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.34B
See more data about SMWH stock on TipRanks’ Stock Analysis page.