Whitbread (GB:WTB) has released an update.
Whitbread PLC has announced the buyback and subsequent cancellation of 10,064 of its own shares at a volume weighted average price of 2,922.82p each, as part of an ongoing repurchase strategy which has seen the company buy back over 4.3 million shares since April 30th. Following the transaction, the total number of voting rights in the company stands at 180,213,034. The repurchased shares will be held in treasury, reducing the number of shares in issue and potentially increasing the value of remaining shares.
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