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

Story Highlights
  • Hill & Smith cancelled 16,000 shares bought on 20 March 2026 under its £100m buyback plan.
  • Total shares in issue fall to about 79.2 million as buybacks reach 1.62 million shares overall.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hill & Smith Cancels Further Shares Under £100m Buyback Programme

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

Hill & Smith PLC has cancelled 16,000 ordinary shares purchased on 20 March 2026 through Deutsche Bank’s London branch under its previously announced £100m share buyback programme. The transaction, executed on the London Stock Exchange at prices between 2,030p and 2,085p with a volume-weighted average of 2,057.4981p, slightly reduces the company’s equity base.

Following this latest repurchase and cancellation, Hill & Smith’s total shares in issue fall to 79,209,435. In aggregate, the company has now bought back and cancelled 1,618,212 shares under the programme, signalling ongoing capital return to shareholders and a commitment to managing its capital structure through buybacks.

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 in infrastructure and engineered products markets. Its businesses typically focus on supplying specialised components and systems used in transport, utilities, and construction, serving government, industrial, and commercial customers in domestic and international markets.

Average Trading Volume: 183,630

Technical Sentiment Signal: Buy

Current Market Cap: £1.64B

For an in-depth examination of HILS stock, go to TipRanks’ Overview page.

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