WH Smith PLC Continues Share Buyback Program

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

WH Smith PLC announced the purchase of 46,554 ordinary shares as part of its ongoing share buyback program, which was initially announced in September 2024. This move is part of the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and improving market confidence. The company has purchased a total of 3,881,266 shares since the program’s inception, reflecting its commitment to returning value 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 Outperform.

WH Smith’s overall score reflects strong financial performance and positive corporate events. The company’s strategic focus on travel retail and share buybacks bolster its attractiveness. However, a high P/E ratio indicates overvaluation, and high leverage poses a risk that investors should consider.

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

More about WH Smith

WH Smith PLC is a British retailer operating in the retail industry, known for its chain of high street, railway station, airport, and motorway service station shops selling books, stationery, magazines, newspapers, and entertainment products. The company focuses on providing a wide range of products to travelers and general consumers across the UK and internationally.

Average Trading Volume: 362,247

Technical Sentiment Signal: Sell

Current Market Cap: £1.34B

For an in-depth examination of SMWH stock, go to TipRanks’ Stock Analysis page.