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WH Smith PLC Enhances Shareholder Value with Share Buyback
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WH Smith PLC Enhances Shareholder Value with Share Buyback

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WH Smith ( (GB:SMWH) ) has issued an update.

WH Smith PLC announced the purchase of 24,359 of its own ordinary shares as part of a buyback program initiated in September 2024. This move, facilitated by Barclays on the London Stock Exchange, is part of a broader strategy to reduce the number of shares in circulation, enhancing shareholder value and potentially impacting the company’s market position.

More about WH Smith

WH Smith PLC is a retail company primarily engaged in the sale of books, stationery, magazines, and other related products. It operates in the retail industry focusing on serving customers through its extensive chain of high street and travel locations.

YTD Price Performance: -5.26%

Average Trading Volume: 276,657

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £1.59B

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

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