tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Whitbread PLC Advances Share Buy-Back Program

Story Highlights
Whitbread PLC Advances 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.

An announcement from Whitbread ( (GB:WTB) ) is now available.

Whitbread PLC announced the purchase of 1,000 of its ordinary shares as part of a share buy-back program initiated on May 1, 2025. The shares were bought at prices ranging from 3,212.00 to 3,257.00 pence each, with an average price of 3,245.39 pence. The company plans to cancel these shares, which is part of a larger effort that has seen the repurchase of 1,690,905 shares since May, costing approximately £47.8 million. This move will adjust the total number of voting rights within the company, impacting shareholder calculations under the Financial Conduct Authority’s rules.

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 market momentum and strategic execution, supported by a robust financial recovery and effective capital management. The positive impact of the share buyback program and sound valuation metrics further strengthen the position, though leverage risks and flat UK sales present areas for caution.

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

More about Whitbread

Whitbread PLC operates in the hospitality industry, primarily focusing on hotels and restaurants. The company is known for its Premier Inn hotel chain and various dining establishments, catering to both domestic and international markets.

Average Trading Volume: 622,311

Technical Sentiment Signal: Strong Buy

Current Market Cap: £5.64B

Learn more about 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