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Smiths Group Buys Back and Cancels 149,000 Shares in Latest Capital Management Move

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Smiths Group Buys Back and Cancels 149,000 Shares in Latest Capital Management Move

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Smiths Group plc ( (GB:SMIN) ) has shared an announcement.

Smiths Group plc has repurchased a total of 149,,000 of its ordinary shares on 30 January 2026 across multiple trading venues at a volume-weighted average price of just over 2,519 pence per share, under previously announced instructions to HSBC Bank plc. The company intends to cancel the repurchased shares, a move that will reduce the overall share count and can enhance earnings per share, signalling continued capital discipline and a shareholder-focused approach to balance sheet management.

The most recent analyst rating on (GB:SMIN) stock is a Buy with a £4300.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Spark’s Take on GB:SMIN Stock

According to Spark, TipRanks’ AI Analyst, GB:SMIN is a Neutral.

Smiths Group plc’s overall stock score reflects strong financial health and strategic initiatives to enhance shareholder value. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation. Positive earnings call and corporate events provide a supportive outlook.

To see Spark’s full report on GB:SMIN stock, click here.

More about Smiths Group plc

Smiths Group plc is a London-listed industrial engineering company with a 170-year history, focused on value-creating, efficient solutions for customers in the energy, industrials and construction sectors. Employing around 16,000 people in over 50 countries, it develops technologies that address critical global needs such as decarbonisation and rising demand for process and energy efficiency.

Average Trading Volume: 1,230,203

Technical Sentiment Signal: Buy

Current Market Cap: £7.95B

See more insights into SMIN stock on TipRanks’ Stock Analysis page.

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