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Hill & Smith Cancels Further Shares as £100m Buyback Advances

Story Highlights
  • Hill & Smith repurchased 25,000 shares on 15 May 2026 as part of its £100 million buyback, paying a volume-weighted average price of about 2,561 pence per share.
  • After cancelling these shares, the company’s share count drops to 78.8 million, with over 2.0 million shares bought back to date, tightening its capital base and supporting shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hill & Smith Cancels Further Shares as £100m Buyback Advances

Meet Samuel – Your Personal Investing Prophet

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

Hill & Smith PLC has continued its previously announced £100 million share buyback programme, repurchasing 25,000 ordinary shares on 15 May 2026 for cancellation via Deutsche Bank’s London branch. The latest tranche was executed as an on-exchange transaction, at prices between 2,550 and 2,585 pence per share, resulting in a volume-weighted average price of 2,561.2274 pence.

Following this transaction and the cancellation of the repurchased stock, Hill & Smith’s total ordinary shares in issue will fall to 78,803,856, further tightening the company’s free float. To date, the company has bought back 2,054,489 shares under the programme, signalling an ongoing commitment to returning capital to shareholders and potentially enhancing earnings per share over time.

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 U.K.-listed company operating on the London Stock Exchange, with its capital structure composed of ordinary shares of 25 pence each. The group is engaged in industrial and infrastructure-related activities, and its shares trade under ISIN GB0004270301, attracting investors focused on stable, dividend-paying engineering and infrastructure assets.

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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