WH Smith Strengthens Shareholder Value with Continued Buyback Program

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

WH Smith PLC has announced the repurchase of 26,155 ordinary shares as part of its ongoing buyback program, which commenced in September 2024. This move is part of the company’s strategy to reduce the number of shares in circulation, potentially increasing earnings per share and shareholder value. The total number of shares purchased under this program now stands at 1,158,188, reflecting WH Smith’s commitment to enhancing its capital structure and returning value to shareholders.

More about WH Smith

WH Smith PLC operates in the retail industry, primarily focusing on bookstores, newsstands, and convenience stores. The company is known for its wide range of books, magazines, and newspapers, as well as stationery and convenience products. WH Smith has a significant presence in travel locations, such as airports and train stations, catering to travelers and commuters.

YTD Price Performance: -3.53%

Average Trading Volume: 263,520

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £1.47B

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