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The latest update is out from WH Smith ( (GB:SMWH) ).
WH Smith PLC announced the repurchase of 26,132 of its ordinary shares as part of its ongoing buyback program initiated in September 2024. This move is part of a larger strategy that has seen the company buy back a total of 1,362,759 shares, with the intention to cancel them, potentially impacting the company’s stock value and market positioning by reducing the number of shares in circulation.
More about WH Smith
WH Smith PLC operates in the retail industry, primarily focusing on book and stationery sales. The company has a significant presence in travel and high street locations, offering a range of products from books and magazines to stationery and convenience items.
YTD Price Performance: -1.58%
Average Trading Volume: 253,479
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.47B
For detailed information about SMWH stock, go to TipRanks’ Stock Analysis page.
