tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Smiths Group Buys Back and Cancels 168,744 Shares in Ongoing Capital Return

Story Highlights
Smiths Group Buys Back and Cancels 168,744 Shares in Ongoing Capital Return

Claim 50% Off TipRanks Premium

Smiths Group plc ( (GB:SMIN) ) just unveiled an update.

Smiths Group plc has continued its share buyback activity, purchasing a total of 168,744 ordinary shares on 13 January 2026 across several trading venues at a volume-weighted average price of around 2,451 pence per share. The company plans to cancel all the shares acquired, a move that will reduce the overall share count and is likely to enhance earnings per share and signal ongoing confidence in its financial position to investors.

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 a 170-year history, operating in attractive and growing market segments including energy, industrials and construction. The group focuses on solving complex customer challenges related to decarbonisation and improving process and energy efficiency, and employs around 16,000 people in more than 50 countries.

Average Trading Volume: 1,103,938

Technical Sentiment Signal: Buy

Current Market Cap: £7.8B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1