tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Whitbread Executes Strategic Share Buy-Back Program

Story Highlights
Whitbread Executes Strategic Share Buy-Back Program

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Whitbread ( (GB:WTB) ).

Whitbread PLC has executed a share buy-back program, purchasing 97,184 ordinary shares through Morgan Stanley, with plans to cancel these shares. This move is part of a larger buy-back initiative that began on 1 May 2025, totaling 1,820,062 shares at a cost of over £51 million. The company now holds 12,454,718 shares in treasury, with 187,148,514 shares in issue, impacting the total number of voting rights to 174,693,796. This strategic financial maneuver is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.

The most recent analyst rating on (GB:WTB) stock is a Buy with a £38.00 price target. To see the full list of analyst forecasts on Whitbread stock, see the GB:WTB Stock Forecast page.

Spark’s Take on GB:WTB Stock

According to Spark, TipRanks’ AI Analyst, GB:WTB is a Outperform.

Whitbread’s overall stock score reflects strong financial performance supported by strategic initiatives and technical strength, although tempered by high valuation concerns and market challenges in the UK. Notable are the efficiency savings and robust performance in Germany, which contribute positively to future growth prospects.

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

More about Whitbread

Whitbread PLC is a prominent company in the hospitality industry, known for its hotel and restaurant services. It operates well-known brands such as Premier Inn and has a significant market presence in the UK and internationally.

Average Trading Volume: 622,281

Technical Sentiment Signal: Strong Buy

Current Market Cap: £5.56B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1