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

Story Highlights
  • Hill & Smith repurchased 15,000 shares for cancellation under its £100m buyback programme.
  • Total shares in issue fall to about 78.95 million as buybacks continue to support capital management.
  • 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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Hill & Smith Holdings ( (GB:HILS) ) just unveiled an update.

Hill & Smith PLC has continued executing its previously announced £100m share buyback programme, repurchasing 15,000 ordinary shares for cancellation on 23 April 2026 via Deutsche Bank AG’s London branch. The shares were bought on the London Stock Exchange at prices between 2,400p and 2,445p, with a volume-weighted average price of 2,426.7730p.

Following this latest transaction and the cancellation of the repurchased stock, Hill & Smith will have 78,954,651 ordinary shares in issue, with 1,894,323 shares bought back in total under the programme to date. The ongoing reduction in the share count underscores the company’s continued use of buybacks as a tool for capital return and balance sheet management, which may support earnings per share and signal confidence in its longer-term prospects.

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 manages its capital structure actively, including through share repurchase programmes designed to adjust the number of shares in issue and potentially enhance shareholder value.

Average Trading Volume: 192,160

Technical Sentiment Signal: Buy

Current Market Cap: £1.9B

For detailed information about HILS stock, go to TipRanks’ Stock Analysis page.

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