Watches of Switzerland Group PLC ( (GB:WOSG) ) just unveiled an update.
Watches of Switzerland Group PLC announced the repurchase of 81,555 of its ordinary shares on March 31, 2025, as part of a £25 million share repurchase program initiated earlier in March. This move, executed through Barclays Capital Securities Limited, is part of the company’s strategy to optimize its capital structure and enhance shareholder value, with the purchased shares intended for cancellation, thereby reducing the total number of shares in circulation.
More about Watches of Switzerland Group PLC
Watches of Switzerland Group PLC is a company operating in the luxury watch retail industry, primarily offering high-end timepieces. The company focuses on providing premium products to a market interested in luxury and exclusivity.
YTD Price Performance: -22.57%
Average Trading Volume: 666,241
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.02B
See more insights into WOSG stock on TipRanks’ Stock Analysis page.