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Hill & Smith Continues £100m Buyback With Further Share Cancellation

Story Highlights
  • Hill & Smith repurchased and cancelled 7,859 shares as part of its ongoing £100m buyback programme.
  • Total buybacks now reach 1,626,071 shares, tightening the share base and signalling confidence in future performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hill & Smith Continues £100m Buyback With Further Share Cancellation

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

Hill & Smith PLC has continued its £100m share buyback programme with the repurchase and cancellation of 7,859 ordinary shares on 23 March 2026, executed via Deutsche Bank AG’s London branch as an on-exchange transaction. The shares were bought at prices between 2,000p and 2,100p, at a volume-weighted average of 2,038.8631p, reducing the company’s shares in issue to 79,204,013.

This latest tranche takes the total repurchased under the programme to 1,626,071 shares, further shrinking the equity base and potentially enhancing earnings per share for remaining investors. The move underscores Hill & Smith’s ongoing capital-return strategy and signals continued management confidence in the company’s valuation and future cash generation capacity.

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 engineering group focused on infrastructure products, including structures and solutions used in transport, utilities and construction markets. The company serves public and private sector customers, with its shares traded on the London Stock Exchange, and actively manages its capital structure through share repurchase programmes.

Average Trading Volume: 186,140

Technical Sentiment Signal: Buy

Current Market Cap: £1.66B

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

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