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Hill & Smith Continues £100m Buyback With 16,000-Share Purchase

Story Highlights
  • Hill & Smith repurchased 16,000 shares at 2,155p under its £100m buyback, reducing total shares in issue to about 79.2 million.
  • With 1,674,071 shares now cancelled, the ongoing buyback tightens Hill & Smith’s equity base and underpins shareholder return strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hill & Smith Continues £100m Buyback With 16,000-Share Purchase

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Hill & Smith Holdings ( (GB:HILS) ) just unveiled an update.

Hill & Smith PLC has continued its £100m share buyback programme, repurchasing 16,000 ordinary shares on 26 March 2026 at a price of 2,155 pence per share for cancellation. Following this latest transaction, the company’s total shares in issue will fall to 79,156,263, with 1,674,071 shares bought back and cancelled to date, incrementally enhancing earnings per share and signalling ongoing capital-return discipline to investors.

The purchases were executed as on-exchange trades on the London Stock Exchange through Deutsche Bank AG’s London branch, trading as Deutsche Numis, at a volume-weighted average price matching the stated deal level. The continued execution of the buyback underlines Hill & Smith’s confidence in its balance sheet strength and long-term prospects, while modestly tightening the equity base and potentially supporting the share price 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 UK-listed company involved in infrastructure and engineering solutions, with its shares traded on the London Stock Exchange. The company’s capital structure and shareholder returns are actively managed through mechanisms such as on-market share buyback programmes and subsequent share cancellations.

Average Trading Volume: 191,560

Technical Sentiment Signal: Buy

Current Market Cap: £1.69B

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

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