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

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

Smiths Group plc has continued its share buyback activity, purchasing a total of 149,000 ordinary shares on 26 January 2026 across several trading venues at volume-weighted average prices of around 2,647–2,650 pence per share. The company intends to cancel all of the repurchased shares, a move that will reduce its share count and typically enhances earnings per share and capital returns for investors, underlining management’s ongoing focus on capital efficiency and shareholder value within its broader industrial engineering strategy.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2827.00 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 UK-listed industrial engineering company focused on the energy, industrial and construction sectors, where it develops technologies to solve complex customer challenges such as decarbonisation and improving process and energy efficiency. The group employs around 16,000 people in more than 50 countries and positions itself as a focused, efficient, value-creating operator in these growing market segments.

Average Trading Volume: 1,209,070

Technical Sentiment Signal: Buy

Current Market Cap: £8.25B

For detailed information about SMIN stock, go to TipRanks’ Stock Analysis page.