Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
WH Smith ( (GB:SMWH) ) has provided an update.
WH Smith PLC, a prominent retailer, announced the purchase of 54,236 of its own ordinary shares as part of a buyback program initiated in September 2024. This move is in line with the authority granted by shareholders during the company’s Annual General Meeting in January 2025. The company plans to cancel these shares, which is part of a broader strategy to manage its capital structure. Since the program’s inception, WH Smith has acquired a total of 2,450,381 shares, reflecting its commitment to enhancing shareholder value and optimizing its financial operations.
Spark’s Take on GB:SMWH Stock
According to Spark, TipRanks’ AI Analyst, GB:SMWH is a Neutral.
WH Smith’s overall stock score reflects strong financial performance and strategic initiatives such as share buybacks and a shift to travel retail. However, high leverage and bearish technical indicators moderate the outlook. The high P/E ratio suggests an expensive valuation, potentially limiting appeal despite a reasonable dividend yield.
To see Spark’s full report on GB:SMWH stock, click here.
More about WH Smith
YTD Price Performance: -23.53%
Average Trading Volume: 281,877
Technical Sentiment Signal: Buy
Current Market Cap: £1.13B
See more insights into SMWH stock on TipRanks’ Stock Analysis page.