REG - WH Smith PLC - Commencement of share buyback programme

WH SmithAnnouncement

16/04/2025 12:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250416:nRSP3212Fa&default-theme=true

RNS Number : 3212F  WH Smith PLC  16 April 2025

WH Smith PLC

The global travel retailer

 

16 April 2025

 

This announcement contains inside information.

 

Commencement of share buyback programme

 

WH Smith PLC (the "Company") announces that it has entered into an arrangement
with Barclays Bank PLC ("Barclays"). The arrangement allows Barclays to
purchase ordinary shares ("Shares") in the Company during the period from the
date of this announcement to 12(th) September 2025. These share purchases will
be made by Barclays acting as riskless principal and in accordance with the
arrangement and, in the case of any purchases made during closed periods,
shall be made independently of and uninfluenced by the Company.

 

Any share purchases effected pursuant to the arrangement will be subject to
the terms of the arrangement with Barclays and in any case will be effected in
a manner consistent with both the general authority vested in the Company to
repurchase shares and the Financial Conduct Authority's Listing Rules.  The
aggregate purchase price under this arrangement will not exceed £23,300,000.

 

Following the purchase of the Shares, they will be cancelled. The sole purpose
of these share purchases is to reduce the Company's share capital.

 

 

 Enquiries:

 WH Smith PLC
 Mark Boyle      Investor Relations  07879 897687
 Nicola Hillman  Media Relations     01793 563354

 Brunswick

 Tim Danaher                         020 7404 5959

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCUNSARVAUSAAR