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Smiths Group Buys Back and Cancels Over 150,000 Shares in Capital Return Move

Story Highlights
  • Smiths Group repurchased 152,332 ordinary shares on 12 January 2026 across several trading venues.
  • The company will cancel the bought-back shares, tightening its share base and supporting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Smiths Group Buys Back and Cancels Over 150,000 Shares in Capital Return Move

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

Smiths Group plc has repurchased a total of 152,332 of its 37.5 pence ordinary shares on 12 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,456–2,458 pence per share, under instructions originally issued in November 2025. The company plans to cancel all of the shares bought back, a move that will reduce its share count and could enhance earnings per share and capital returns for investors, underlining management’s ongoing commitment to capital discipline and shareholder value.

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 the energy, industrials and construction sectors. 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 worldwide.

Average Trading Volume: 1,137,778

Technical Sentiment Signal: Buy

Current Market Cap: £7.8B

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

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