Smiths Group Buys Back and Cancels 159,530 Shares in Capital Reduction Move

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

Smiths Group plc has repurchased a total of 159,530 of its own ordinary shares on 6 January 2026 across multiple trading venues, with a volume-weighted average price of about 2,441 pence per share, under previously issued buyback instructions. The company plans to cancel all the shares bought back, effectively reducing its share capital, which is likely to provide support for earnings per share and signals continued capital-return discipline to shareholders in the context of its ongoing strategy as a focused industrial engineering group.

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 UK-listed industrial engineering company with a 170-year history, focused on operating as a streamlined, value-creating business in the energy, industrials and construction market segments. The group develops technologies that solve complex problems for customers, particularly around decarbonisation and improving process and energy efficiency, and employs around 16,000 people across more than 50 countries.

Average Trading Volume: 1,119,442

Technical Sentiment Signal: Buy

Current Market Cap: £7.71B

See more data about SMIN stock on TipRanks’ Stock Analysis page.