tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Hill & Smith Cancels Further 14,000 Shares Under £100m Buyback Programme

Story Highlights
  • Hill & Smith repurchased 14,000 shares on 19 January 2026 as part of its ongoing £100m buyback programme.
  • Following this latest cancellation, the company has 79.7 million shares in issue, with over 1.05 million retired to date under the scheme.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hill & Smith Cancels Further 14,000 Shares Under £100m Buyback Programme

Claim 50% Off TipRanks Premium

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

Hill & Smith PLC has continued its previously announced £100m share buyback programme, repurchasing 14,000 ordinary shares on 19 January 2026 via Deutsche Bank AG’s London branch in on-exchange transactions at prices between 2,285p and 2,300p per share, with a volume-weighted average of 2,290.325p. Following settlement and cancellation of these shares, the company’s share capital will consist of 79,722,482 ordinary shares in issue, with a total of 1,056,025 shares now bought back and cancelled under the programme, incrementally reducing the free float and potentially enhancing earnings per share and capital returns for remaining shareholders.

The most recent analyst rating on (GB:HILS) stock is a Buy with a £2621.00 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 whose ordinary shares trade on the London Stock Exchange. The group operates with a broad shareholder base and uses capital management tools such as share buyback programmes to manage its equity structure and returns to shareholders.

Average Trading Volume: 132,839

Technical Sentiment Signal: Buy

Current Market Cap: £1.85B

See more data about 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