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Smiths Group Buys Back and Cancels Nearly 400,000 Shares

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Smiths Group Buys Back and Cancels Nearly 400,000 Shares

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Smiths Group plc ( (GB:SMIN) ) has provided an announcement.

Smiths Group plc has repurchased and will cancel a total of 397,798 ordinary shares on 19 December 2025, executing the buyback across multiple trading venues at a volume-weighted average price of around 2,402 pence per share. The cancellation of these shares forms part of the company’s ongoing capital management strategy and will reduce the number of shares in circulation, potentially enhancing earnings per share and supporting shareholder value, while underscoring management’s confidence in the group’s financial position and long-term prospects.

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 long-established industrial engineering company listed on the London Stock Exchange, employing around 16,000 people in more than 50 countries. It focuses on providing engineered solutions across attractive and growing segments such as energy, industrials and construction, with an emphasis on tackling challenges like decarbonisation and improving process and energy efficiency for its global customer base.

Average Trading Volume: 1,139,722

Technical Sentiment Signal: Buy

Current Market Cap: £7.44B

For detailed information about SMIN stock, go to TipRanks’ Stock Analysis page.

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