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Watches of Switzerland Executes Share Repurchase to Boost Market Position

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Watches of Switzerland Executes Share Repurchase to Boost Market Position

An update from Watches of Switzerland Group PLC ( (GB:WOSG) ) is now available.

Watches of Switzerland Group PLC announced the repurchase of 91,232 of its ordinary shares as part of a £25 million share repurchase program. This move, executed through Barclays Capital Securities Limited, aims to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and strengthening the company’s market position.

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 jewelry. The company focuses on providing premium products to discerning customers, with a market presence that spans multiple regions.

YTD Price Performance: -20.0%

Average Trading Volume: 654,582

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.06B

Find detailed analytics on WOSG stock on TipRanks’ Stock Analysis page.

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