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

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

Hill & Smith PLC has continued to execute its £100m share buyback programme, repurchasing 14,000 ordinary shares on 6 March 2026 through Deutsche Bank AG’s London branch for cancellation in an on-exchange transaction on the London Stock Exchange. The purchases, executed at prices between 2,225p and 2,280p per share with a volume-weighted average of 2,259.9707p, reduce the company’s shares in issue to 79,340,335, with 1,467,212 shares now cancelled under the programme, signalling ongoing efforts to return capital to shareholders and enhance earnings per share.

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, though this announcement focuses solely on its capital management activity rather than its specific products or markets.

Average Trading Volume: 161,871

Technical Sentiment Signal: Buy

Current Market Cap: £1.78B

Find detailed analytics on HILS stock on TipRanks’ Stock Analysis page.