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

Hill & Smith Holdings ( (GB:HILS) ) has provided an announcement.

Hill & Smith PLC has repurchased 15,000 ordinary shares on 1 April 2026 from Deutsche Bank’s London branch under its ongoing £100m share buyback programme. The shares, bought on the London Stock Exchange at a volume-weighted average price of 2,164.5327 pence, have been cancelled, reducing the company’s share count and potentially enhancing earnings per share for investors.

Following this latest transaction, Hill & Smith’s total shares in issue have decreased to 79,096,363, with 1,738,071 shares bought back and cancelled since the programme began in August 2025. The continued execution of the buyback underlines the board’s capital allocation strategy and signals confidence in the company’s financial position and long-term prospects for shareholders.

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 industrial group operating in infrastructure and galvanizing products, supplying engineered solutions to transport, utilities and construction markets. The company focuses on resilient, long-term infrastructure demand, with its shares traded on the London Stock Exchange.

Average Trading Volume: 196,004

Technical Sentiment Signal: Buy

Current Market Cap: £1.66B

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