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WH Smith ( (GB:SMWH) ) has provided an announcement.
WH Smith PLC announced the repurchase of 26,041 ordinary shares as part of its ongoing buyback program, which was initially announced in September 2024. The company plans to cancel these shares, contributing to a total of 1,336,627 shares repurchased since the program’s inception. This action is in line with the authority granted by shareholders and reflects the company’s strategy to manage its capital effectively. The move impacts the company’s share structure and voting rights, potentially affecting shareholder interests under financial regulations.
More about WH Smith
WH Smith PLC is a British retailer operating in the retail industry, known primarily for its chain of high street, railway station, airport, and motorway service station shops selling books, stationery, magazines, and newspapers. The company focuses on providing a wide range of products to travelers and consumers in the UK and internationally.
YTD Price Performance: -1.24%
Average Trading Volume: 254,636
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.47B
See more data about SMWH stock on TipRanks’ Stock Analysis page.