tiprankstipranks

Smiths Group Executes Share Buyback from HSBC

Story Highlights
Smiths Group Executes Share Buyback from HSBC

Smiths Group plc ( (GB:SMIN) ) has provided an announcement.

Smiths Group announced the repurchase of its ordinary shares from HSBC Bank plc, executed on March 26, 2025. This move, which involves the cancellation of the purchased shares, is part of the company’s ongoing capital management strategy, potentially impacting its market positioning and shareholder value.

More about Smiths Group plc

Smiths Group is a global leader in engineering, serving millions annually in the Energy, General Industry, Safety & Security, and Aerospace sectors. With over 170 years of history, the company is listed on the London Stock Exchange and employs more than 15,000 people across 50 countries.

YTD Price Performance: 17.51%

Average Trading Volume: 1,297,149

Technical Sentiment Signal: Sell

Current Market Cap: £6.83B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App