tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Whitbread Advances Share Buy-Back Program with Latest Purchase

Story Highlights
Whitbread Advances Share Buy-Back Program with Latest Purchase

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) ) has shared an announcement.

Whitbread PLC has announced the purchase of 258,217 of its own ordinary shares as part of its ongoing share buy-back program initiated on 1 May 2025. The company intends to cancel these shares, which is part of a broader strategy to manage its capital structure. Since the start of the buy-back program, Whitbread has acquired a total of 4,410,468 shares at a cost of over £130 million. This move is expected to impact the total number of voting rights, which will now stand at 172,160,832, and may influence shareholder decisions regarding their interests in the company.

The most recent analyst rating on (GB:WTB) stock is a Buy with a £35.00 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. The company focuses on delivering quality accommodation and dining experiences, catering to a wide range of customers in various markets.

Average Trading Volume: 511,289

Technical Sentiment Signal: Buy

Current Market Cap: £5.1B

See more insights into WTB stock on 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