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An announcement from Hill & Smith Holdings ( (GB:HILS) ) is now available.
Hill & Smith PLC has announced the purchase and cancellation of 12,000 ordinary shares as part of its £100 million share buyback program. This transaction, executed through Numis Securities Limited, reflects the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value, with a total of 66,224 shares bought back to date.
The most recent analyst rating on (GB:HILS) stock is a Buy with a £26.50 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: 210,215
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.76B
For a thorough assessment of HILS stock, go to TipRanks’ Stock Analysis page.