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Smiths Group Cancels 150,000 Shares After Latest Buyback Tranche

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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 has executed further share buybacks on 17 February 2026, repurchasing a total of 150,000 ordinary shares across multiple trading venues at volume-weighted average prices of just over 2,620 pence per share. The transactions were carried out by HSBC Bank under previously issued instructions and form part of the company’s ongoing capital management programme.

The company plans to cancel all of the shares purchased, effectively reducing its share count and potentially enhancing earnings per share for remaining investors. The move underscores management’s confidence in the business and its cash generation, while signalling continued commitment to returning surplus capital to shareholders in a disciplined way.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2825.00 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 is a long-established industrial engineering company focused on attractive and growing segments including energy, industrials and construction. Listed on the London Stock Exchange and employing around 16,000 people in more than 50 countries, it develops engineered solutions that address global needs such as decarbonisation and improved process and energy efficiency.

The group positions itself as a focused, efficient and value-creating business, leveraging its heritage of more than 170 years of engineering innovation. Its market strategy centres on solving complex customer problems across critical infrastructure and industrial applications worldwide.

Average Trading Volume: 1,214,400

Technical Sentiment Signal: Buy

Current Market Cap: £8.2B

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

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