Watches of Switzerland stock rises following share buyback plan By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2025
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Source: Investing.com
Share Buyback Announcement: Watches of Switzerland Group PLC's shares rose 4% following the announcement of a share buyback program, indicating a potential end to its capital expenditure cycle after completing several major projects.
Investor Sentiment and Revenue Projections: While the buyback is viewed positively by analysts due to the company's strong financial position, concerns arise that it may hinder large-scale acquisitions needed to meet ambitious revenue targets, with RBC projecting lower revenues than the company's goal.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
