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WH Smith ( (GB:SMWH) ) has provided an announcement.
On December 18, 2024, WH Smith PLC announced the repurchase of 25,531 ordinary shares as part of their ongoing buyback program initiated in September 2024. The company plans to cancel these shares, which is part of a broader strategy, having repurchased a total of 851,751 shares to date. This move is aligned with WH Smith’s efforts to optimize their capital structure, potentially increasing shareholder value and adjusting the total voting rights in the company, which currently stands at 130,065,183 shares.
More about WH Smith
WH Smith PLC is a British retail company operating in the retail industry, primarily offering stationery, books, and related consumer products. The company’s market focus includes both physical retail outlets and online sales, with a significant presence in travel and high street locations.
YTD Price Performance: -9.65%
Average Trading Volume: 294,196
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.52B
See more insights into SMWH stock on TipRanks’ Stock Analysis page.
