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Smiths Group plc ( (GB:SMIN) ) just unveiled an update.
Smiths Group plc has executed a share buyback program, acquiring a significant number of its own shares on the London Stock Exchange and BATE. The move is in line with the company’s strategic plan to enhance shareholder value by reducing the number of shares in circulation, which is expected to positively impact the company’s earnings per share and overall market perception.
More about Smiths Group plc
Smiths Group plc is a global leader in engineering, serving four major markets: Energy, General Industry, Safety & Security, and Aerospace. The company, listed on the London Stock Exchange, has been pioneering engineering solutions for over 170 years and employs more than 15,000 people across more than 50 countries.
YTD Price Performance: 20.07%
Average Trading Volume: 1,060,204
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.96B
Learn more about SMIN stock on TipRanks’ Stock Analysis page.
