Wickes Group Plc (GB:WIX) has released an update.
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Wickes Group Plc has actively engaged in a share buyback program, purchasing 41,005 of its own ordinary shares at prices ranging from 144 to 146.4 pence, with the intention to cancel them. This latest acquisition brings the total buyback count to 12,646,148 shares, and post-cancellation, the company’s total voting rights will decrease to 246,991,850. The company’s ongoing buyback initiative forms part of its capital allocation strategy and reflects its commitment to delivering shareholder value.
For further insights into GB:WIX stock, check out TipRanks’ Stock Analysis page.