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Smiths Group Buys Back and Cancels Nearly 400,000 Shares

Story Highlights
  • Smiths Group repurchased 398,015 ordinary shares on 5 January 2026 across several London trading venues.
  • The company will cancel the acquired shares, reducing share count and potentially enhancing capital efficiency and shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Smiths Group Buys Back and Cancels Nearly 400,000 Shares

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

Smiths Group plc has repurchased a total of 398,015 of its ordinary shares on 5 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,410–2,418 pence per share, under a buyback programme previously instructed to HSBC Bank plc. The company plans to cancel the purchased shares, a move that will reduce the overall share count and may enhance earnings per share and capital efficiency, signalling continued commitment to shareholder returns within its broader value-creation strategy.

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, operating in the energy, industrials and construction sectors. With around 16,000 employees in over 50 countries, the group focuses on solving complex customer challenges tied to global trends such as decarbonisation and growing demand for process and energy efficiency.

Average Trading Volume: 1,116,878

Technical Sentiment Signal: Buy

Current Market Cap: £7.55B

Learn more about SMIN stock on TipRanks’ Stock Analysis page.

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