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  • WH Smith shares jump on buyback plan after pension buy-out frees up cash

    Business

    WH Smith has announced strong revenue growth, driven by a boost in its airport and train station stores and a £50m share buyback programme. It also announced a £85m cash benefit as the result of its pension fund buy-out. Shares in WH Smith rose more than 12 per cent in early trades. Revenue at the [...]

    Going forward, the only remaining WH Smith shops will be in airports, train stations and motorway service stations – alongside some remaining stores in hospitals.

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