Wickes Cuts Share Count as Buyback Programme Advances

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

Wickes Group plc has continued its share buyback programme, repurchasing and cancelling 597,778 ordinary shares between 12 and 18 May 2026 at volume-weighted average prices ranging from about 170p to 180p. Including these latest transactions, the company has bought back a total of 3,462,347 shares, reducing its issued share capital to 229,229,387 shares and consolidating the voting rights base.

The cancellation of the repurchased shares is expected to enhance earnings per share and may support the share price by shrinking the equity base. The updated share count also provides investors with a new reference point for calculating their holdings under U.K. disclosure and transparency rules, clarifying reporting thresholds for significant shareholders.

The most recent analyst rating on (GB:WIX) stock is a Buy with a £265.00 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.-based home improvement retailer supplying building materials, DIY products and related services to trade and consumer customers. The company operates primarily through physical stores and online channels, targeting both professional tradespeople and householders undertaking renovation and maintenance projects.

Average Trading Volume: 1,018,385

Technical Sentiment Signal: Sell

Current Market Cap: £381.1M

Learn more about WIX stock on TipRanks’ Stock Analysis page.