Smiths Group Continues Share Buyback with Further Share Purchases for Cancellation

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,? shares of 37.5 pence each on 28 January 2026 across multiple trading venues, at volume-weighted average prices of around 2,556–2,562 pence per share. The company plans to cancel the repurchased shares, a move that will reduce the overall share count and can enhance earnings per share and capital returns to investors, underlining management’s ongoing commitment to shareholder value within its broader strategy as a focused, value-creating industrial engineering group.

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 plc is a London-listed industrial engineering company with more than 170 years of history, operating in attractive and growing segments including energy, industrials and construction. The group focuses on engineering solutions to complex customer challenges, particularly around decarbonisation and improving process and energy efficiency, and employs around 16,000 people across more than 50 countries.

Average Trading Volume: 1,220,060

Technical Sentiment Signal: Buy

Current Market Cap: £8.3B

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