Wickes Advances Buyback Programme, Cuts Share Count to 229.8 Million

Wickes Group ( (GB:WIX) ) has shared an announcement.

Wickes Group has continued its share buyback programme, repurchasing and cancelling 413,640 ordinary shares between 5 and 11 May 2026 at volume-weighted average prices ranging from about 196p to 208p. This latest tranche brings total buybacks under the current programme to 2,864,569 shares, reflecting management’s ongoing capital return strategy and confidence in the company’s valuation.

Following the cancellation of these shares, Wickes’ issued share capital will stand at 229,827,165 ordinary shares, all carrying voting rights, and the company will hold no treasury shares. The reduced share count increases earnings per share for remaining investors and sets a new denominator for shareholders assessing disclosure thresholds under the UK’s financial transparency rules.

The most recent analyst rating on (GB:WIX) stock is a Buy with a £264.00 price target. To see the full list of analyst forecasts on Wickes Group stock, see the GB:WIX Stock Forecast page.

Spark’s Take on WIX Stock

According to Spark, TipRanks’ AI Analyst, WIX is a Neutral.

The score is anchored by mixed financial performance, where strong/improving cash flow is offset by high leverage and thin profitability. Technical indicators weaken the near-term outlook, while a moderate P/E and solid dividend yield provide valuation support.

To see Spark’s full report on WIX stock, click here.

More about Wickes Group

Wickes Group plc is a UK-based home improvement retailer serving both DIY consumers and trade professionals. The company offers building materials, kitchen and bathroom products, and related services through a nationwide store network and online channels, positioning itself as a key player in the British home improvement market.

Average Trading Volume: 873,204

Technical Sentiment Signal: Hold

Current Market Cap: £453.1M

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