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Wickes Cuts Share Count Further as Buyback Programme Progresses

Story Highlights
  • Wickes has repurchased and cancelled more shares under its ongoing buyback programme, reducing its share capital and potentially boosting earnings per share.
  • After the latest cancellations, Wickes’ issued share capital totals 230,240,805 shares, setting a new voting rights baseline for investors under UK disclosure rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wickes Cuts Share Count Further as Buyback Programme Progresses

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The latest update is out from Wickes Group ( (GB:WIX) ).

Wickes Group plc has continued its share buyback programme, purchasing and cancelling a further 487,366 ordinary shares between 28 April and 1 May 2026 at volume-weighted average prices of around 199 to 207 pence. The latest transactions, executed via Investec Bank, are part of a wider repurchase that has now reached 2,450,929 shares, and are intended to reduce the company’s share capital and potentially enhance earnings per share for remaining investors.

Following the cancellation of these shares, Wickes’ issued share capital will stand at 230,240,805 ordinary shares, with no shares held in treasury. The updated share count also resets the total number of voting rights, providing a new reference point for shareholders assessing notification thresholds under UK disclosure and transparency rules and underscoring the company’s active capital management strategy.

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 and DIY retailer supplying building materials, kitchen and bathroom products, and related services to trade and consumer customers. The company operates primarily in the UK market, targeting both professional tradespeople and domestic homeowners through its stores and online channels.

Average Trading Volume: 731,167

Technical Sentiment Signal: Buy

Current Market Cap: £434M

For detailed information about WIX stock, go to TipRanks’ Stock Analysis page.

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