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WH Smith shareholders back all AGM resolutions and confirm board changes

Story Highlights
  • WH Smith shareholders approved all AGM resolutions, endorsing accounts, pay, dividend and capital authorities.
  • Board changes saw Annette Court and Nicky Dulieu retire, with Simon Emeny becoming interim chair.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
WH Smith shareholders back all AGM resolutions and confirm board changes

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WH Smith ( (GB:SMWH) ) just unveiled an update.

WH Smith PLC reported that all resolutions put to shareholders at its Annual General Meeting on 2 February 2026 were approved, including acceptance of the company’s reports and accounts, the remuneration report, a final dividend and authorities relating to share issuance, pre-emption rights disapplication and share buybacks. Shareholders also backed updates to the company’s long-term incentive plan and Sharesave scheme, reappointed PricewaterhouseCoopers as auditor and endorsed governance flexibility such as allowing general meetings to be called on 14 days’ notice. The meeting marked the formal retirement from the board of former chair Annette Court and non-executive director Nicky Dulieu, with senior independent director Simon Emeny stepping in as interim non-executive chairman and chair of the nominations committee, signalling continuity in board oversight and corporate strategy despite the leadership transition.

The most recent analyst rating on (GB:SMWH) stock is a Hold with a £689.00 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.

The score is held down primarily by weakened financial performance (revenue drop, margin compression, net loss) and a highly leveraged balance sheet, with bearish technicals reinforcing the near-term risk. Offsetting factors include resilient cash generation, a relatively high dividend yield, and FY26 guidance indicating a return to growth and improved profitability, though regulatory and North America execution risks remain meaningful.

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

More about WH Smith

WH Smith PLC is a UK-based retail group best known for its network of stores in travel locations such as airports and railway stations, as well as on high streets, where it sells books, stationery, newspapers, magazines and convenience products. The company targets both domestic and international travellers alongside everyday retail customers, and is listed on the London Stock Exchange.

Average Trading Volume: 516,885

Technical Sentiment Signal: Sell

Current Market Cap: £840.8M

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

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