Whitbread (GB:WTB) has released an update.
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Whitbread PLC has announced the buyback and cancellation of 195,747 of its own shares at a volume weighted average price of 2,869.39 pence per share, part of a larger buyback program totaling over 5 million shares since April 30, 2024. Following the transaction, the company will hold over 12 million shares in treasury, reducing the total number of voting rights available to shareholders. The company has spent almost £150 million on share buybacks to date.
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