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Hill & Smith Holdings ( (GB:HILS) ) has provided an update.
Hill & Smith PLC, a company involved in a £100m share buyback programme, announced the purchase and cancellation of 4,637 ordinary shares from Deutsche Bank AG, London Branch. This transaction is part of its ongoing efforts to manage its share capital effectively. The shares were bought at prices ranging from 2,150 to 2,175 pence per share, with a volume-weighted average price of 2,161.1430 pence. Following this transaction, the total number of shares in issue is reduced to 79,757,530, reflecting the company’s commitment to enhancing shareholder value.
The most recent analyst rating on (GB:HILS) stock is a Buy with a £2530.00 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 strategic corporate actions like the share buyback program. While technical indicators show positive momentum, the overbought RSI suggests caution. The valuation is moderate, providing a balanced risk-reward profile.
To see Spark’s full report on GB:HILS stock, click here.
More about Hill & Smith Holdings
Average Trading Volume: 126,045
Technical Sentiment Signal: Buy
Current Market Cap: £1.72B
For a thorough assessment of HILS stock, go to TipRanks’ Stock Analysis page.