tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Whitbread Advances Share Buy-Back Program with Latest Acquisition

Story Highlights
  • Whitbread PLC is a key player in the hospitality industry, known for its hotel and restaurant services.
  • Whitbread has purchased 1,000 shares as part of a buy-back program, affecting voting rights and shareholding.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Whitbread Advances Share Buy-Back Program with Latest Acquisition

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Whitbread ( (GB:WTB) ) just unveiled an update.

Whitbread PLC has announced the purchase of 1,000 of its ordinary shares as part of a share buy-back program initiated in May 2025. The shares were acquired through Morgan Stanley, with the highest price paid per share being 3,292.00 pence. The company intends to cancel the purchased shares, which is part of a broader strategy that has seen the acquisition of over 3.3 million shares at a cost of over £100 million. This move is expected to impact the total number of voting rights and shareholding structure, potentially affecting shareholder interests and market positioning.

The most recent analyst rating on (GB:WTB) stock is a Hold with a £30.20 price target. To see the full list of analyst forecasts on Whitbread stock, see the GB:WTB Stock Forecast page.

Spark’s Take on GB:WTB Stock

According to Spark, TipRanks’ AI Analyst, GB:WTB is a Outperform.

Whitbread’s strong financial performance and positive earnings call drive the score, supported by solid technical indicators. Valuation is a moderate factor, with the P/E ratio and dividend yield providing a balanced view. The company’s strategic initiatives and efficiency gains are significant positives, despite some market challenges.

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

More about Whitbread

Whitbread PLC is a prominent company in the hospitality industry, primarily known for its hotel and restaurant services. It operates well-known brands such as Premier Inn and has a significant market presence in the UK and internationally.

Average Trading Volume: 503,030

Technical Sentiment Signal: Buy

Current Market Cap: £5.64B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1