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

Hill & Smith Holdings ( (GB:HILS) ) has issued an update.

Hill & Smith PLC has continued its previously announced £100m share buyback programme, repurchasing 15,000 ordinary shares on 17 March 2026 via Deutsche Bank AG’s London branch in an on-exchange transaction on the London Stock Exchange. The shares, bought at prices between 2,100p and 2,140p with a volume-weighted average of 2,133.3863p, will be cancelled, reducing the company’s shares in issue to 79,248,981 and bringing total repurchases under the programme to 1,567,212 shares, a move that typically signals capital discipline and may enhance earnings per share for 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 U.K.-listed company, but this announcement provides no details on its industry, core products or services, or target markets, focusing solely on capital markets activity.

Average Trading Volume: 168,124

Technical Sentiment Signal: Buy

Current Market Cap: £1.68B

See more data about HILS stock on TipRanks’ Stock Analysis page.