Wickes Cancels Further Shares After Latest Buyback Tranche

Wickes Group ( (GB:WIX) ) has issued an update.

Wickes Group PLC has repurchased 20,349 of its 10p ordinary shares on 23 December 2025 through Peel Hunt LLP at a volume-weighted average price of 236.92 pence per share, with the shares to be cancelled. This latest transaction brings the total number of shares bought back under its ongoing share buyback programme to 9,374,565, reducing the company’s issued share capital to 232,691,734 shares and setting the same figure as the total number of voting rights, a move that marginally increases existing shareholders’ proportional ownership and signals continued commitment to capital return and balance sheet optimisation.

The most recent analyst rating on (GB:WIX) stock is a Hold with a £235.00 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 GB:WIX Stock

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

Wickes Group’s overall stock score is driven by strong technical momentum and positive corporate actions such as share buybacks. However, financial performance is moderate due to high leverage and inconsistent revenue growth. The valuation suggests potential overvaluation, but the dividend yield offers some compensation.

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

More about Wickes Group

Wickes Group PLC is a UK-based home improvement retailer focused on selling building materials, DIY products and related services to trade professionals and retail customers. Listed in London, it competes in the broader home improvement and construction supplies market, where capital allocation decisions such as share buybacks are closely watched by investors.

Average Trading Volume: 480,812

Technical Sentiment Signal: Buy

Current Market Cap: £529.6M

For a thorough assessment of WIX stock, go to TipRanks’ Stock Analysis page.