An update from J D Wetherspoon ( (GB:JDW) ) is now available.
J D Wetherspoon plc has announced the repurchase of 705,000 of its ordinary shares at prices ranging from 548.99 to 560.00 pence per share, with a weighted average price of 555.4064 pence. The company intends to cancel these shares, which may impact its share capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
More about J D Wetherspoon
J D Wetherspoon plc operates in the hospitality industry, primarily focusing on running pubs and bars across the United Kingdom. The company is known for offering a wide range of food and beverages at competitive prices, catering to a broad market segment.
YTD Price Performance: -8.00%
Average Trading Volume: 487,502
Technical Sentiment Signal: Buy
Current Market Cap: £632M
See more insights into JDW stock on TipRanks’ Stock Analysis page.