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Smiths Group Buys Back and Cancels 158,924 Shares on London Market

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Smiths Group Buys Back and Cancels 158,924 Shares on London Market

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

Smiths Group has repurchased a total of 158,924 ordinary shares on various London trading venues on 9 January 2026 as part of a previously announced buyback programme, at volume-weighted average prices around 2,450–2,460 pence per share. The company plans to cancel the acquired shares, a move that will reduce its share capital and can enhance earnings per share, signalling ongoing efforts to return capital to shareholders and potentially strengthen its equity market positioning.

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 is a long-established industrial engineering company listed on the London Stock Exchange, operating in the energy, industrials and construction markets. With around 16,000 employees in over 50 countries, it focuses on solving complex customer problems and supporting global trends such as decarbonisation and rising demand for process and energy efficiency.

Average Trading Volume: 1,129,301

Technical Sentiment Signal: Buy

Current Market Cap: £7.82B

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

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