tiprankstipranks
Trending News
More News >

J D Wetherspoon Announces Share Buyback and Cancellation

Story Highlights
J D Wetherspoon Announces Share Buyback and Cancellation

J D Wetherspoon ( (GB:JDW) ) has issued an update.

J D Wetherspoon plc announced the repurchase of 405,000 of its ordinary shares at prices ranging from 555 to 565 pence per share, with a weighted average price of 563.0165 pence. The company plans to cancel these shares, which could impact its share capital structure and potentially influence shareholder value.

More about J D Wetherspoon

J D Wetherspoon plc operates in the hospitality industry, primarily focusing on running pubs and bars across the UK. The company is known for offering a wide range of beverages and food at competitive prices, catering to a broad market segment.

YTD Price Performance: -5.33%

Average Trading Volume: 555,235

Technical Sentiment Signal: Strong Buy

Current Market Cap: £643.2M

See more data about JDW stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App