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Smiths Group Buys Back and Cancels 158,697 Shares in Capital Reduction Move

Story Highlights
  • Smiths Group operates globally in industrial engineering, serving energy, industrial and construction markets.
  • The company repurchased and will cancel 158,697 shares, reducing share capital and potentially enhancing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Smiths Group Buys Back and Cancels 158,697 Shares in Capital Reduction Move

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The latest update is out from Smiths Group plc ( (GB:SMIN) ).

Smiths Group plc has repurchased a total of 158,697 ordinary shares on 7 January 2026 across multiple trading venues, at volume-weighted average prices around 2,454 pence per share, under instructions originally issued in November 2025. The company will cancel the repurchased shares, effectively reducing its share capital, a move that typically supports earnings per share and can signal confidence in the group’s financial strength and long-term value creation strategy for shareholders.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2450.00 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 more than 170 years of history, operating in the energy, industrials and construction sectors. The group focuses on solving complex customer challenges related to decarbonisation and improving process and energy efficiency, and employs around 16,000 people in over 50 countries.

Average Trading Volume: 1,114,708

Technical Sentiment Signal: Buy

Current Market Cap: £7.71B

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

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