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The latest update is out from WH Smith ( (GB:SMWH) ).
WH Smith PLC, a company operating in the retail sector, announced a transaction involving the repurchase of 24,551 ordinary shares as part of a buyback program authorized by shareholders earlier this year. This move is part of a broader initiative that has seen the company repurchase a total of 801,032 shares since the program’s announcement in September. The repurchased shares will be canceled, potentially impacting the company’s share value and voting rights distribution. Such initiatives are often aimed at improving shareholder value and optimizing the capital structure.
More about WH Smith
YTD Price Performance: -7.11%
Average Trading Volume: 282,248
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.56B
See more insights into SMWH stock on TipRanks’ Stock Analysis page.
