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WH Smith ( (GB:SMWH) ) just unveiled an announcement.
WH Smith PLC has announced the repurchase of 24,469 of its own ordinary shares as part of its ongoing share buyback program, which was initially announced in September 2024. This transaction is in line with the authority granted by shareholders at the company’s Annual General Meeting earlier in the year, and the shares purchased will be cancelled. To date, WH Smith has repurchased a total of 727,870 shares under this program. This initiative is part of WH Smith’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by reducing the number of shares outstanding and increasing earnings per share.
More about WH Smith
YTD Price Performance: -5.72%
Average Trading Volume: 279,693
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.58B
Find detailed analytics on SMWH stock on TipRanks’ Stock Analysis page.
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