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Whitbread ( (GB:WTB) ) just unveiled an announcement.
Whitbread PLC has executed a share buy-back program, purchasing 107,120 of its ordinary shares through Morgan Stanley. The shares were bought at prices ranging from 3,121.00 to 3,159.00 pence per share, with a volume-weighted average price of 3,145.55 pence. Since the start of the program on May 1, 2025, Whitbread has acquired a total of 3,253,976 shares, costing approximately £95.88 million. The company plans to cancel the purchased shares, impacting the total number of voting rights, which will now be 173,313,165. This move is part of Whitbread’s strategy to manage its capital structure and potentially enhance shareholder value.
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 operates in the hospitality industry, primarily focusing on hotel and restaurant services. The company is known for its Premier Inn hotel chain and a variety of restaurant brands, catering to both business and leisure travelers in the UK and internationally.
Average Trading Volume: 561,995
Technical Sentiment Signal: Strong Buy
Current Market Cap: £5.45B
Learn more about WTB stock on TipRanks’ Stock Analysis page.