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Hill & Smith Advances £100m Buyback with Further Share Cancellation

Story Highlights
  • Hill & Smith continued its £100m buyback, repurchasing 25,000 shares for cancellation at an average price of about 2,549p.
  • The latest transaction cuts shares in issue to 78.8 million, signalling an ongoing capital-return strategy aimed at boosting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hill & Smith Advances £100m Buyback with Further Share Cancellation

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An announcement from Hill & Smith Holdings ( (GB:HILS) ) is now available.

Hill & Smith PLC has continued executing its previously announced £100 million share buyback programme, purchasing 25,000 ordinary shares for cancellation on 18 May 2026 through Deutsche Bank’s London branch. The shares were bought on the London Stock Exchange at prices between 2,525p and 2,570p, at a volume-weighted average of 2,548.8796p per share.

Following this latest transaction, Hill & Smith’s total shares in issue will fall to 78,778,856, with 2,079,489 shares now cancelled under the programme to date. The ongoing reduction in share capital underscores the company’s capital-return strategy and may enhance earnings per share and shareholder value by concentrating equity among remaining investors.

The most recent analyst rating on (GB:HILS) stock is a Buy with a £2760.00 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 HILS Stock

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

The score is driven primarily by strong financial performance, led by improved profitability and a healthier leverage profile, partially offset by volatility in cash flow. Technical indicators are mixed-to-weak in the near term (negative MACD, RSI below neutral, and price below short-term moving averages). Valuation appears reasonable rather than clearly cheap, supported by a moderate dividend yield.

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

More about Hill & Smith Holdings

Hill & Smith PLC is a UK-based engineering and infrastructure products group specialising in the design, manufacture and supply of industrial and infrastructure solutions. The company focuses on sectors such as transport, utilities and construction, providing products and services that support critical national and international infrastructure networks.

Average Trading Volume: 246,305

Technical Sentiment Signal: Buy

Current Market Cap: £2B

For a thorough assessment of HILS stock, go to TipRanks’ Stock Analysis page.

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