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Smiths Group Cancels New Tranche of Repurchased Shares

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Smiths Group Cancels New Tranche of Repurchased Shares

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

Smiths Group plc has continued its share buyback activity, repurchasing a total of 149,,000 ordinary shares on 21 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,599–2,607 pence per share. The company plans to cancel all of the purchased shares, effectively reducing its share capital and potentially enhancing earnings per share, underscoring ongoing efforts to return capital to shareholders and signal confidence in its financial position.

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, focused on delivering value in the energy, industrials and construction markets. The group specialises in solving complex customer challenges related 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: 1,221,166

Technical Sentiment Signal: Buy

Current Market Cap: £8.14B

See more data about SMIN stock on TipRanks’ Stock Analysis page.

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