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

Hill & Smith Holdings ( (GB:HILS) ) has shared an update.

Hill & Smith has repurchased and cancelled 20,000 ordinary shares on 3 March 2026 through Deutsche Bank’s London branch, as part of its previously announced £100m share buyback programme. The shares were bought on the London Stock Exchange at prices between 2,235p and 2,315p, at a volume-weighted average of 2,263.8483p.

Following this latest transaction, Hill & Smith’s total shares in issue fall to 79,380,428, with 1,427,119 shares now cancelled under the programme. The ongoing buyback further consolidates the company’s equity base and signals continued execution of its capital return strategy for shareholders.

The most recent analyst rating on (GB:HILS) stock is a Buy with a £2633.00 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 GB:HILS Stock

According to Spark, TipRanks’ AI Analyst, GB:HILS is a Outperform.

Hill & Smith Holdings scores well due to its strong financial performance and positive corporate actions, such as the share buyback program. While technical indicators show bullish momentum, the high P/E ratio suggests potential overvaluation, which slightly tempers the overall score.

To see Spark’s full report on GB:HILS stock, click here.

More about Hill & Smith Holdings

Hill & Smith PLC is a UK-listed company operating in the industrial sector, with its shares traded on the London Stock Exchange. The group’s capital management strategy includes the use of on-market share repurchase programmes to adjust its equity base and return surplus capital to shareholders.

Average Trading Volume: 152,809

Technical Sentiment Signal: Buy

Current Market Cap: £1.87B

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