Transaction in Own Shares

RNS Number : 3660D

WH Smith PLC

01 December 2009

 



Transaction in own shares

WH Smith PLC
1 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The Company confirms that it currently has no unpublished price sensitive information.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

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