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

Story Highlights
  • Hill & Smith repurchased and cancelled 15,000 shares on 15 April 2026 as part of its ongoing £100m buyback programme, reducing total shares in issue to just over 79 million.
  • The company has now cancelled 1,809,541 shares under the programme, highlighting its continued focus on returning capital to investors and bolstering earnings per share through a leaner equity base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hill & Smith Cancels More Shares Under £100m Buyback Programme

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

Hill & Smith PLC has continued to execute its previously announced £100m share buyback programme, repurchasing 15,000 ordinary shares on 15 April 2026 from Deutsche Bank’s London branch in on-exchange transactions. The shares, bought at a volume-weighted average price of 2,362.949 pence, have been cancelled, reducing the company’s total shares in issue to 79,031,467.

In aggregate, Hill & Smith has now acquired 1,809,541 shares for cancellation under the programme, signalling ongoing efforts to return capital to shareholders and enhance earnings per share. The latest tranche underscores management’s commitment to using balance sheet strength to optimise the capital structure while maintaining active engagement with the London market.

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 industrial sector, with its ordinary shares traded on the London Stock Exchange. The group focuses on infrastructure and related engineered products, positioning itself as a provider of assets and services to transport, utilities, and construction markets.

Average Trading Volume: 186,863

Technical Sentiment Signal: Buy

Current Market Cap: £1.84B

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

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