WH Smith Continues Share Buyback Program

An announcement from WH Smith ( (GB:SMWH) ) is now available.

WH Smith PLC has announced the purchase of 46,264 ordinary shares as part of its ongoing buyback program, which was initiated in September 2024. This move is in line with the authority granted by shareholders earlier in January 2025, and the company plans to cancel these shares. Since the start of the buyback program, WH Smith has acquired a total of 3,458,970 shares. The company’s current total shares in issue stand at 127,457,964, representing the total voting rights available to shareholders.

The most recent analyst rating on (GB:SMWH) stock is a Buy with a £1500.00 price target. To see the full list of analyst forecasts on WH Smith stock, see the GB:SMWH Stock Forecast page.

Spark’s Take on GB:SMWH Stock

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

WH Smith’s stock is buoyed by strong financial performance and positive technical indicators, though its high P/E ratio suggests overvaluation. The ongoing buyback program provides a positive outlook on shareholder value, but high leverage remains a concern.

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

More about WH Smith

Average Trading Volume: 361,468

Technical Sentiment Signal: Sell

Current Market Cap: £1.34B

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