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Smiths Group Buys Back and Cancels Over 240,000 Shares

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Smiths Group Buys Back and Cancels Over 240,000 Shares

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

Smiths Group plc has repurchased a total of 241,118 of its ordinary shares on 19 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,580 pence per share. The company plans to cancel the repurchased shares, a move that reduces its share count and may enhance earnings per share and capital efficiency, underlining ongoing efforts to return value to shareholders within its broader industrial engineering strategy.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2821.00 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, it focuses on solving complex customer challenges tied to decarbonisation and the growing need for process and energy efficiency.

Average Trading Volume: 1,180,771

Technical Sentiment Signal: Buy

Current Market Cap: £8.25B

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

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