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Whitbread ( (GB:WTB) ) has issued an announcement.
Whitbread PLC has announced the purchase of 49,904 of its ordinary shares as part of a share buy-back program initiated on 1 May 2025. The company intends to cancel these shares, which is part of a broader strategy to manage its capital structure and enhance shareholder value. Since the start of the program, Whitbread has acquired a total of 2,369,145 shares at a cost of over £68 million. Following this transaction, Whitbread will hold 12,454,718 shares in treasury, with 186,599,431 shares in issue, impacting the total number of voting rights available to shareholders.
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 strong financial health and strategic initiatives, such as the share buy-back program, are key strengths. However, technical indicators and slowing revenue growth present some challenges.
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. It is known for its Premier Inn hotel chain and various restaurant brands, serving a wide market across the UK and internationally.
Average Trading Volume: 620,592
Technical Sentiment Signal: Strong Buy
Current Market Cap: £5.29B
For a thorough assessment of WTB stock, go to TipRanks’ Stock Analysis page.