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

Story Highlights
  • Hill & Smith advanced its £100m buyback, cancelling 3,190 shares bought on 29 April 2026.
  • Total shares in issue drop to 78.9m, with buybacks boosting capital returns and EPS potential.
  • 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) ) has provided an announcement.

Hill & Smith PLC has continued to execute its £100m share buyback programme, repurchasing 3,190 ordinary shares on 29 April 2026 for cancellation through Deutsche Bank AG’s London branch. The shares were bought on the London Stock Exchange at prices between 2,495p and 2,500p, at a volume-weighted average of 2,499.6755p.

Following this latest transaction, the company’s total shares in issue will fall to 78,926,114, with 1,928,671 shares now cancelled under the ongoing programme. The reduction in share count supports capital return to investors and may enhance earnings per share, signalling continued management confidence in the group’s financial position and long-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 U.K.-listed industrial group operating in infrastructure and galvanizing-related engineering products. The company focuses on supplying infrastructure solutions and associated services to transport, utilities and construction markets, primarily in the U.K. and internationally.

Average Trading Volume: 202,975

Technical Sentiment Signal: Buy

Current Market Cap: £2B

Learn more about HILS stock on TipRanks’ Stock Analysis page.

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