Watches of Switzerland Completes Share Repurchase

Watches of Switzerland Group PLC ( (GB:WOSG) ) has shared an update.

Watches of Switzerland Group PLC announced the repurchase of 84,625 of its ordinary shares on 16 June 2025 as part of a £25 million share repurchase program. This move is part of the company’s strategy to manage its capital structure and return value to shareholders, with the repurchased shares intended for cancellation. The transaction leaves the company with 233,453,874 ordinary shares in issue, impacting the total number of voting rights available to shareholders.

The most recent analyst rating on (GB:WOSG) stock is a Buy with a £650.00 price target. To see the full list of analyst forecasts on Watches of Switzerland Group PLC stock, see the GB:WOSG Stock Forecast page.

Spark’s Take on GB:WOSG Stock

According to Spark, TipRanks’ AI Analyst, GB:WOSG is a Neutral.

Watches of Switzerland Group PLC has a solid financial base, supported by strong revenue growth and stable balance sheet metrics. The recent share repurchase program positively impacts the stock’s appeal. However, operational challenges and potential cash flow constraints pose risks, while valuation metrics suggest limited upside potential. Technical indicators reflect mixed momentum, with short-term bullishness but longer-term caution.

To see Spark’s full report on GB:WOSG stock, click here.

More about Watches of Switzerland Group PLC

Watches of Switzerland Group PLC operates in the luxury watch retail industry, offering high-end timepieces and jewelry. The company focuses on providing premium products to discerning customers and has a significant presence in the UK and US markets.

Average Trading Volume: 975,635

Technical Sentiment Signal: Sell

Current Market Cap: £965.8M

For an in-depth examination of WOSG stock, go to TipRanks’ Overview page.