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WH Smith PLC Continues Share Buyback Program

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Confident Investing Starts Here:

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

WH Smith PLC, a prominent retail company, announced the purchase of 56,306 of its own ordinary shares as part of a previously announced buyback program. This transaction, executed on April 23, 2025, is part of a larger initiative that has seen the company repurchase a total of 2,341,345 shares. The company plans to cancel these shares, which could potentially enhance shareholder value by reducing the number of shares in circulation.

Spark’s Take on GB:SMWH Stock

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

WH Smith’s stock score reflects strong financial growth and strategic initiatives like share buybacks. However, high leverage and bearish technical indicators are key concerns. Valuation is also high, which might deter some investors.

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

More about WH Smith

YTD Price Performance: -23.87%

Average Trading Volume: 278,663

Technical Sentiment Signal: Buy

Current Market Cap: £1.13B

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

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