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

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

Hill & Smith PLC has repurchased and cancelled 16,000 ordinary shares at prices between 2,125p and 2,160p as part of its previously announced £100m share buyback programme. The transaction, executed via Deutsche Numis on the London Stock Exchange, reduces the company’s shares in issue to 79,080,363 and brings total buybacks under the programme to 1,754,071 shares, incrementally enhancing earnings per share and signalling continued capital return to 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-listed company operating in the infrastructure products sector, with its shares traded on the London Stock Exchange. The group’s equity is structured as ordinary shares of 25 pence each, reflecting a typical capital structure for a mid-cap industrial business focused on long-term shareholder returns.

Average Trading Volume: 192,589

Technical Sentiment Signal: Buy

Current Market Cap: £1.7B

Find detailed analytics on HILS stock on TipRanks’ Stock Analysis page.