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UK's WH Smith gains on FY rev growth, share buyback



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** Shares of WH Smith Plc SMWH.L jump 11.7% to 1,370p, their highest since September 2023; stock top pct gainer on FTSE 250 .FTMC index

** UK retailer posts 7% rise in annual revenue as higher travel demand propelled sales of its products ranging from sandwiches to books

** Adds, it received proceeds of 85 mln pounds ($111.2 mln) from a buyout of its pension trust while launching a 50 mln pound share buyback

** Investec analysts says news of share buyback is a "positive surprise"

** Co says trading in the new financial year so far was in line with expectations

** Including session's gains, stock has risen 2.5% YTD


($1 = 0.7644 pounds)




Reporting by Aby Jose Koilparambil in Bengaluru

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