Smiths Group plc ( (GB:SMIN) ) has issued an update.
Smiths Group plc announced the completion of its share buyback program, purchasing a total of 5,201,399 ordinary shares for £100,500,104.74. The final transactions were conducted on March 21, 2025, marking the end of the program initiated in November 2024. This strategic move is likely to impact the company’s stock value and shareholder returns positively by reducing the number of shares in circulation.
More about Smiths Group plc
Smiths Group plc is a global leader in engineering, serving millions annually across four major markets: Energy, General Industry, Safety & Security, and Aerospace. With over 170 years of history, the company employs more than 15,000 people in over 50 countries and is listed on the London Stock Exchange.
YTD Price Performance: 15.13%
Average Trading Volume: 1,284,948
Technical Sentiment Signal: Sell
Current Market Cap: £6.69B
For detailed information about SMIN stock, go to TipRanks’ Stock Analysis page.