tiprankstipranks
Advertisement
Advertisement

Hill & Smith advances £100m buyback with further share cancellation

Story Highlights
  • Hill & Smith continued its £100m buyback, cancelling 14,000 shares at a volume-weighted price near 2,379p.
  • The buyback has cut the share count to about 79.4m, signalling confident capital management and boosting investors’ stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hill & Smith advances £100m buyback with further share cancellation

Claim 55% Off TipRanks

The latest update is out from Hill & Smith Holdings ( (GB:HILS) ).

Hill & Smith PLC has continued to execute its £100m share buyback programme, repurchasing and cancelling 14,000 ordinary shares on 27 February 2026 at a volume-weighted average price of 2,378.9814 pence. Following this latest on-exchange transaction, the company’s issued share capital stands at 79,409,095 ordinary shares, with a total of 1,393,737 shares bought back and cancelled to date under the programme, incrementally enhancing earnings per share and returning capital to shareholders.

The purchases were conducted through Deutsche Bank AG’s London branch, trading as Deutsche Numis, on the London Stock Exchange. The ongoing reduction in share count underscores Hill & Smith’s active capital management strategy and may signal management’s confidence in the company’s long-term prospects and valuation, with implications for existing investors’ proportional ownership and potential future returns.

The most recent analyst rating on (GB:HILS) stock is a Buy with a £2633.00 price target. To see the full list of analyst forecasts on Hill & Smith Holdings stock, see the GB:HILS Stock Forecast page.

Spark’s Take on GB:HILS Stock

According to Spark, TipRanks’ AI Analyst, GB:HILS is a Outperform.

Hill & Smith Holdings scores well due to its strong financial performance and positive corporate actions, such as the share buyback program. While technical indicators show bullish momentum, the high P/E ratio suggests potential overvaluation, which slightly tempers the overall score.

To see Spark’s full report on GB:HILS stock, click here.

More about Hill & Smith Holdings

Hill & Smith PLC is a UK-listed company that manufactures infrastructure and engineered products, supplying sectors such as transport, utilities and construction. The group focuses on providing specialist safety, galvanizing and engineered solutions to support critical infrastructure markets in the UK and internationally.

Average Trading Volume: 153,613

Technical Sentiment Signal: Buy

Current Market Cap: £1.88B

Find detailed analytics on HILS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1