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Worldwide Healthcare Trust Buys Back 450,000 Shares for Treasury

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Worldwide Healthcare Trust Buys Back 450,000 Shares for Treasury

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The latest announcement is out from Worldwide Healthcare Trust PLC GBP ( (GB:WWH) ).

Worldwide Healthcare Trust PLC has executed a share buyback, purchasing 450,000 ordinary shares at 377.78 pence each to be held in treasury under its existing authority to repurchase up to 61,086,622 shares. Following this transaction, the trust now holds 215,905,807 shares in treasury, with 601,665,200 shares in issue and 385,759,393 voting rights outstanding, a structure that may enhance net asset value per share and is relevant for shareholders monitoring their disclosure thresholds under FCA transparency rules.

The most recent analyst rating on (GB:WWH) stock is a Hold with a £397.00 price target. To see the full list of analyst forecasts on Worldwide Healthcare Trust PLC GBP stock, see the GB:WWH Stock Forecast page.

Spark’s Take on GB:WWH Stock

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

The score is primarily constrained by volatile profitability and inconsistent cash flow, despite a strong, low-debt balance sheet. Technicals are moderately constructive over the longer term but mixed in the near term, and valuation is less compelling due to negative earnings and a modest dividend. Corporate events are slightly supportive but not a major driver.

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

More about Worldwide Healthcare Trust PLC GBP

Worldwide Healthcare Trust PLC is a UK-listed investment trust focused on the global healthcare and pharmaceutical sectors, offering investors diversified exposure to companies across the healthcare industry through a managed portfolio of securities.

Average Trading Volume: 1,186,388

Technical Sentiment Signal: Buy

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

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