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Wetherspoon Updates Share Capital and Voting Rights

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Wetherspoon Updates Share Capital and Voting Rights

Elevate Your Investing Strategy:

An update from J D Wetherspoon ( (GB:JDW) ) is now available.

J D Wetherspoon plc has announced the cancellation of 312,550 ordinary shares that were previously purchased, adjusting its total issued share capital to 113,659,441 ordinary shares with voting rights. This update is in accordance with the Financial Conduct Authority’s Disclosure and Transparency Rules, impacting how shareholders calculate their interests in the company.

The most recent analyst rating on (GB:JDW) stock is a Hold with a £740.00 price target. To see the full list of analyst forecasts on J D Wetherspoon stock, see the GB:JDW Stock Forecast page.

Spark’s Take on GB:JDW Stock

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

J D Wetherspoon’s stock is on a recovery path with improving financial performance and robust technical indicators. The company’s strategic buybacks and director share acquisitions reflect management’s confidence, boosting its potential for growth. However, high leverage and moderate profitability present some risk.

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

More about J D Wetherspoon

J D Wetherspoon plc is a prominent player in the hospitality industry, primarily operating a chain of pubs across the United Kingdom. The company is known for offering a wide range of food and beverages at competitive prices, focusing on creating a welcoming atmosphere for its patrons.

Average Trading Volume: 398,032

Technical Sentiment Signal: Buy

Current Market Cap: £839.3M

See more insights into JDW stock on TipRanks’ Stock Analysis page.

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