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Smiths Group Buys Back and Cancels 149,000 Shares to Boost Capital Efficiency

Story Highlights
  • Smiths Group repurchased 149,000 ordinary shares on 23 January 2026 across several London trading venues.
  • The company will cancel the repurchased shares, reducing share count and potentially enhancing value for shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Smiths Group Buys Back and Cancels 149,000 Shares to Boost Capital Efficiency

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An announcement from Smiths Group plc ( (GB:SMIN) ) is now available.

Smiths Group plc has repurchased a total of 149,000 of its ordinary shares on 23 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,616–2,619 pence per share, under instructions originally issued in November 2025. The company plans to cancel all of the shares bought back, a move that will reduce the overall share count and may enhance earnings per share and capital returns for investors, underlining management’s ongoing commitment to shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2823.00 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 long-established industrial engineering company listed on the London Stock Exchange, operating in the energy, industrials and construction sectors. With around 16,000 employees in over 50 countries, it focuses on technologies that address critical global needs such as decarbonisation and improving process and energy efficiency.

Average Trading Volume: 1,205,953

Technical Sentiment Signal: Buy

Current Market Cap: £8.11B

For an in-depth examination of SMIN stock, go to TipRanks’ Overview page.

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