1st Dec 2009 09:18
Transaction in own shares
WH Smith PLC1 December 2009
WH Smith PLC (the "Company") announces that it has entered into an irrevocable and non-discretionary arrangement to purchase ordinary shares for cancellation during its close period which commences on 1 December 2009 and is scheduled to end on 27 January 2010.
The buy back programme will be managed by an independent third party, which makes its trading decisions independently of, and uninfluenced by, the Company.
Any acquisitions will be effected within certain pre-set parameters, and in accordance with both the Company's general authority to repurchase shares and Chapter 12 of the Listing Rules which requires that the maximum price paid be limited to no more than 5 per cent above the average market value for the shares as derived from the London Stock Exchange Daily Official List for the five business days immediately prior to such purchase.
The Company confirms that it currently has no unpublished price sensitive information.
Contacts
WH Smith PLC
Mark Boyle
Investor Relations
020 7851 8820
END
Related Shares:
Wh Smith