tiprankstipranks
Advertisement
Advertisement

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

Story Highlights
  • Hill & Smith bought 15,000 shares for cancellation under its £100m buyback, reducing shares in issue to 78,999,251.
  • The ongoing buyback cuts the share count, potentially boosting earnings per share and signaling management confidence to investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hill & Smith Continues £100m Buyback With New Share Cancellation

Claim 55% Off TipRanks

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

Hill & Smith PLC has continued to execute its £100m share buyback programme, repurchasing 15,000 ordinary shares on 20 April 2026 from Deutsche Bank’s London branch for cancellation in an on-exchange transaction. The shares were acquired at prices between 2,390p and 2,420p, with a volume-weighted average of 2,407.9527p, leaving 78,999,251 shares in issue and bringing total buybacks under the programme to 1,849,323 shares.

The latest tranche of repurchases further reduces Hill & Smith’s share count, which can enhance earnings per share and signal confidence in the company’s financial position and long‑term prospects. The continued progress of the sizeable £100m buyback underscores an ongoing capital return strategy that is likely to be closely watched by investors assessing valuation and capital allocation discipline.

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 engineered products markets. The group is known for manufacturing and supplying specialist infrastructure solutions, including products for transport, utilities and construction, serving public and private sector customers in domestic and international markets.

Average Trading Volume: 186,863

Technical Sentiment Signal: Buy

Current Market Cap: £1.84B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1