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Whitbread PLC Boosts Stock Value with Share Buyback
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Whitbread PLC Boosts Stock Value with Share Buyback

Whitbread (GB:WTB) has released an update.

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Whitbread PLC has repurchased 184,831 of its ordinary shares, with prices ranging between 3,166 and 3,200 pence per share, as part of a buyback program. Since mid-October, the company has acquired a total of 633,142 shares at a cost exceeding £20.5 million, intending to cancel them and adjust its capital structure. This transaction leaves Whitbread with a total of 178,810,757 voting shares, potentially influencing shareholder dynamics.

For further insights into GB:WTB stock, check out TipRanks’ Stock Analysis page.

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