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WH Smith ( (GB:SMWH) ) has shared an update.
WH Smith PLC announced the purchase of 25,679 ordinary shares as part of its ongoing buyback program approved by shareholders in January 2024. The company intends to cancel these shares, which is part of a larger strategy to manage its share capital. This move signifies the company’s efforts to enhance shareholder value and could impact shareholding dynamics as it adjusts its total number of shares in issue.
More about WH Smith
WH Smith PLC operates in the retail industry, primarily focusing on selling books, stationery, newspapers, and magazines. It has a significant presence in both travel locations, such as airports and railway stations, and on the high street, catering to a diverse customer base.
YTD Price Performance: -1.67%
Average Trading Volume: 258,764
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.47B
For detailed information about SMWH stock, go to TipRanks’ Stock Analysis page.
