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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.
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