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Smiths Group Cancels 150,000 Shares After Latest Buyback Tranche

Story Highlights
  • Smiths Group repurchased 150,000 ordinary shares on 20 January 2026 across several trading venues.
  • The company will cancel the bought-back shares, signaling continued capital return and potential EPS enhancement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Smiths Group Cancels 150,000 Shares After Latest Buyback Tranche

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

Smiths Group plc has continued its share buyback activity, repurchasing a total of 150,000 ordinary shares on 20 January 2026 across multiple trading venues at a volume-weighted average price of around 2,563 pence per share. The company plans to cancel the repurchased shares, effectively reducing its share count, which may enhance earnings per share and underscores management’s ongoing capital return strategy and confidence in the business’s long-term prospects.

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 London-listed industrial engineering company with a 170-year history, operating in attractive and growing market segments including energy, industrials and construction. The group focuses on solving complex customer challenges tied to decarbonisation and rising demand for process and energy efficiency, and employs around 16,000 people in more than 50 countries worldwide.

Average Trading Volume: 1,180,616

Technical Sentiment Signal: Buy

Current Market Cap: £8.25B

For an in-depth examination of SMIN stock, go to TipRanks’ Overview page.

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