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Smiths Group Buys Back and Cancels 150,000 Shares in Ongoing Capital Return

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Smiths Group Buys Back and Cancels 150,000 Shares in Ongoing Capital Return

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

Smiths Group has repurchased and will cancel a total of 150,000 ordinary shares on 3 March 2026 across several trading venues, as part of a buyback programme instructed in November 2025. The transaction, executed through HSBC at a volume-weighted average price of around 2,647 pence per share, will reduce the company’s share count and may enhance earnings per share, signalling continued capital returns to shareholders.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2934.00 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 is a long-established industrial engineering company focused on the energy, industrials and construction markets. Listed on the London Stock Exchange, it develops products and solutions that help customers tackle challenges such as decarbonisation and improving process and energy efficiency, and employs around 16,000 people in more than 50 countries worldwide.

Average Trading Volume: 1,220,926

Technical Sentiment Signal: Buy

Current Market Cap: £8.43B

Find detailed analytics on SMIN stock on TipRanks’ Stock Analysis page.

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