Wickes cancels new tranche of buyback shares, cutting share count to 231.5m

An update from Wickes Group ( (GB:WIX) ) is now available.

Wickes Group has repurchased 865,804 ordinary shares on the London Stock Exchange between 14 and 20 April 2026 as part of its ongoing share buyback programme, with prices ranging around 219p to 222p. The company plans to cancel these shares, bringing total buybacks since the programme began to 1,154,722 shares.

Following the latest cancellations, Wickes’ issued share capital will stand at 231,537,012 shares, all carrying voting rights and with none held in treasury. The reduction in share count is set to enhance earnings per share and may signal management’s confidence in the group’s valuation, while also affecting shareholders’ disclosure thresholds under FCA transparency rules.

The most recent analyst rating on (GB:WIX) stock is a Hold with a £215.00 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 U.K.-listed home improvement retailer supplying building materials, DIY products and related services to trade and consumer customers. The company operates primarily in the domestic renovation and maintenance market, positioning itself as a value-focused provider for both professional tradespeople and homeowners undertaking projects.

Average Trading Volume: 680,952

Technical Sentiment Signal: Buy

Current Market Cap: £489.8M

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