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Smiths Group Buys Back and Cancels Nearly 150,000 Shares on 22 January

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Smiths Group Buys Back and Cancels Nearly 150,000 Shares on 22 January

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

Smiths Group plc has repurchased a total of 149,,000 of its ordinary shares on 22 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,640 pence per share, under instructions originally issued in November 2025. The company plans to cancel the bought-back shares, a move that will reduce its share count and may enhance earnings per share and capital returns for investors, underscoring management’s ongoing commitment to capital discipline and shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2823.00 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 the energy, industrials and construction markets. The group focuses on solving complex customer challenges related to decarbonisation and rising demand for process and energy efficiency, and employs around 16,000 people in more than 50 countries worldwide.

Average Trading Volume: 1,200,486

Technical Sentiment Signal: Buy

Current Market Cap: £8.11B

For a thorough assessment of SMIN stock, go to TipRanks’ Stock Analysis page.

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