Smiths Group Buys Back and Cancels Own Shares to Boost Capital Efficiency

An announcement from Smiths Group plc ( (GB:SMIN) ) is now available.

Smiths Group plc has repurchased 159,,000 of its ordinary shares on 14 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,459–2,461 pence per share, under previously announced instructions to HSBC Bank plc. The company plans to cancel the shares bought back, a move that will reduce the overall share count and may enhance earnings per share and capital returns for investors, underlining management’s continued focus on capital efficiency and shareholder value.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2500.00 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 attractive and growing segments including energy, industrials and construction. With around 16,000 employees in more than 50 countries, it focuses on solving complex customer challenges related to decarbonisation and rising demand for process and energy efficiency through specialised engineered solutions.

Average Trading Volume: 1,122,464

Technical Sentiment Signal: Buy

Current Market Cap: £7.79B

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