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WH Smith PLC Buys Back Shares to Enhance Shareholder Value

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WH Smith PLC Buys Back Shares to Enhance Shareholder Value

The latest announcement is out from WH Smith ( (GB:SMWH) ).

WH Smith PLC, a prominent retail company, announced the purchase of 21,440 of its own ordinary shares as part of a buyback program that began in September 2024, intending to cancel these shares. This transaction, conducted through Barclays on the London Stock Exchange, reflects WH Smith’s commitment to enhancing shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and improving market perception.

More about WH Smith

YTD Price Performance: 9.39%

Average Trading Volume: 248,487

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.63B

Find detailed analytics on SMWH stock on TipRanks’ Stock Analysis page.

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