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Hill & Smith Holdings ( (GB:HILS) ) has shared an announcement.
Hill & Smith PLC has executed a share buyback transaction, purchasing 2,190 ordinary shares for cancellation as part of its £100 million share buyback program. This move, conducted through Numis Securities Limited, is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting a commitment to returning capital to shareholders.
The most recent analyst rating on (GB:HILS) stock is a Buy with a £2500.00 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 events, including a significant share buyback program. Technical analysis shows positive momentum, though caution is advised due to potential overbought conditions. Valuation is fair, offering a moderate dividend yield.
To see Spark’s full report on GB:HILS stock, click here.
More about Hill & Smith Holdings
Hill & Smith PLC operates in the infrastructure and construction industry, focusing on the production and supply of engineered products and galvanizing services. The company is known for its market focus on infrastructure safety, providing solutions that enhance the safety and efficiency of roadways and other critical infrastructure projects.
Average Trading Volume: 200,771
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.73B
For a thorough assessment of HILS stock, go to TipRanks’ Stock Analysis page.