J D Wetherspoon ( (GB:JDW) ) has shared an announcement.
J D Wetherspoon plc announced the purchase of 60,000 of its own ordinary shares at a weighted average price of 563.3333 pence per share, with plans to cancel these shares. This transaction, conducted through Investec Bank plc, reflects the company’s ongoing strategy to manage its share capital, potentially impacting shareholder value and market perception.
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 drink options at competitive prices, catering to a diverse customer base.
YTD Price Performance: -5.33%
Average Trading Volume: 555,235
Technical Sentiment Signal: Buy
Current Market Cap: £643.2M
Find detailed analytics on JDW stock on TipRanks’ Stock Analysis page.