WH Smith ( (GB:SMWH) ) has provided an update.
WH Smith PLC, a prominent retailer, announced the purchase of 25,884 of its own ordinary shares as part of a buyback program initiated in September 2024. This move, authorized by shareholders, aims to cancel the shares, thereby potentially increasing the value of remaining shares and enhancing shareholder value. The company has purchased a total of 1,892,920 shares since the program’s announcement, reflecting its commitment to optimizing its capital structure and returning value to shareholders.
More about WH Smith
YTD Price Performance: -0.64%
Average Trading Volume: 234,646
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.47B
Learn more about SMWH stock on TipRanks’ Stock Analysis page.