Watches of Switzerland Group PLC ( (GB:WOSG) ) just unveiled an announcement.
Watches of Switzerland Group PLC announced the repurchase of 91,919 of its ordinary shares as part of a £25 million share buyback program. This transaction, executed on the London Stock Exchange, reflects the company’s strategic move to enhance shareholder value by reducing the number of shares in circulation, which may impact voting rights and share valuation.
More about Watches of Switzerland Group PLC
Watches of Switzerland Group PLC operates in the luxury watch retail industry, offering a range of high-end timepieces and related services. The company focuses on serving affluent customers seeking premium watch brands.
YTD Price Performance: -19.36%
Average Trading Volume: 626,521
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.07B
See more insights into WOSG stock on TipRanks’ Stock Analysis page.