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

Story Highlights
  • Hill & Smith repurchased and cancelled 16,000 shares under its £100m buyback, reducing total shares in issue to about 79.2 million.
  • The ongoing buyback tightens Hill & Smith’s equity base and signals management confidence, potentially boosting EPS and supporting the share price.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hill & Smith Continues £100m Buyback With New Share Cancellation

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The latest update is out from Hill & Smith Holdings ( (GB:HILS) ).

Hill & Smith PLC has continued executing its previously announced £100m share buyback programme, repurchasing 16,000 ordinary shares on 24 March 2026 via Deutsche Bank AG at prices between 2,105p and 2,130p. These shares are being cancelled, reducing the company’s share count to 79,188,013 and taking total shares bought back under the programme to 1,642,071.

The latest tranche of repurchases further concentrates Hill & Smith’s equity base and underscores management’s commitment to capital returns, which may enhance earnings per share and support the share price over time. Ongoing execution of the buyback signals confidence in the company’s financial position and prospects, and is a notable development for existing shareholders monitoring capital allocation and dilution.

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 across infrastructure and industrial markets, with its shares traded on the London Stock Exchange. The group typically focuses on engineered products and solutions, and its capital allocation strategy includes returning cash to shareholders through share buyback programmes alongside organic investment and acquisitions.

Average Trading Volume: 190,247

Technical Sentiment Signal: Buy

Current Market Cap: £1.66B

For an in-depth examination of HILS stock, go to TipRanks’ Overview page.

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