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Smiths Group plc
(LSE:SMIN)
Smiths Group plc (SMIN) vs. iShares MSCI United Kingdom ETF (EWC)
Smiths Group plc Business Overview & Revenue Model
Smiths Group plc Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 3.23B | 3.13B | 3.04B | 2.57B | 2.41B | 2.55B | Gross Profit |
| 1.18B | 1.17B | 1.12B | 961.00M | 915.00M | 989.00M | EBIT |
| 460.00M | 415.00M | 403.00M | 192.00M | 326.00M | 241.00M | EBITDA |
| 605.00M | 580.00M | 566.00M | 287.00M | 428.00M | 332.00M | Net Income Common Stockholders |
| 306.00M | 250.00M | 231.00M | 13.00M | 157.00M | 67.00M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 392.00M | 459.00M | 285.00M | 1.06B | 405.00M | 366.00M | Total Assets |
| 4.29B | 4.23B | 4.36B | 5.22B | 5.34B | 5.41B | Total Debt |
| 667.00M | 659.00M | 654.00M | 1.17B | 1.50B | 1.56B | Net Debt |
| 275.00M | 200.00M | 369.00M | 110.00M | 1.10B | 1.20B | Total Liabilities |
| 2.00B | 1.98B | 1.95B | 2.50B | 2.91B | 3.02B | Stockholders Equity |
| 2.27B | 2.23B | 2.38B | 2.70B | 2.40B | 2.37B |
| Cash Flow | Free Cash Flow | ||||
| 380.00M | 332.00M | 212.00M | 191.00M | 418.00M | 319.00M | Operating Cash Flow |
| 455.00M | 418.00M | 293.00M | 279.00M | 535.00M | 429.00M | Investing Cash Flow |
| 52.00M | 39.00M | -108.00M | 1.25B | -205.00M | -144.00M | Financing Cash Flow |
| -293.00M | -269.00M | -945.00M | -985.00M | -239.00M | -188.00M |
Smiths Group plc Technical Analysis
Smiths Group plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £5.08B | 21.20 | 23.50% | 1.53% | 0.64% | 4.92% | |
75 Outperform | £7.38B | 25.03 | 13.99% | 1.28% | 6.10% | 33.05% | |
75 Outperform | £6.41B | 20.55 | 17.83% | 1.78% | -4.95% | 36.95% | |
74 Outperform | £2.73B | 26.91 | 17.03% | 3.06% | 4.91% | -7.75% | |
72 Outperform | £4.41B | 23.11 | 16.16% | 3.92% | -1.03% | 4.06% | |
66 Neutral | $4.51B | 12.29 | 5.40% | 3.67% | 4.15% | -12.21% | |
55 Neutral | £6.19B | ― | -1.53% | 1.64% | 3.52% | -24.01% |
Smiths Group plc Corporate Events
Smiths Group plc has announced the purchase of its own ordinary shares on the London Stock Exchange, executed by HSBC Bank plc. This move, in line with their previous instructions, involves the acquisition of a significant number of shares which will subsequently be canceled. This strategic action is likely to impact the company’s share value and market positioning, reflecting a commitment to optimizing shareholder value.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group has announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. This move, which follows instructions issued in March 2025, involves the cancellation of the purchased shares, reflecting the company’s strategic approach to managing its share capital.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The transaction involved the acquisition of 74,000 shares at varying prices, with the intention to cancel these shares, reflecting the company’s ongoing strategy to manage its capital structure effectively.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £27.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed through HSBC Bank plc, as part of a previously issued instruction. The company intends to cancel the acquired shares, which aligns with its strategic financial management and could impact shareholder value by potentially increasing earnings per share.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The repurchased shares will be canceled, aligning with regulatory requirements. This move is part of Smiths Group’s ongoing strategy to manage its capital structure effectively.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group PLC has announced a significant change in its shareholder structure, with BlackRock, Inc. increasing its voting rights in the company to 10.22% from a previous 5.87%. This acquisition of voting rights by BlackRock, a major global investment management corporation, could potentially influence Smiths Group’s strategic decisions and impact its market positioning, reflecting a strong vote of confidence in the company’s future prospects.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced that as of May 30, 2025, its issued share capital consisted of 332,984,303 Ordinary shares, each carrying one vote. This total is crucial for shareholders and other parties in determining their disclosure obligations under the FCA’s rules. The announcement also noted that shares purchased under the Share Buyback Programme in late May have not yet been cancelled, which may impact the total voting rights in the future.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The shares, purchased at varying prices, will be canceled, aligning with the company’s strategic financial management. This move is part of Smiths Group’s ongoing efforts to optimize its capital structure and enhance shareholder value.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, a move aimed at canceling the purchased shares to potentially enhance shareholder value. This transaction, conducted through HSBC Bank plc, underscores Smiths Group’s strategic financial management and its commitment to optimizing its capital structure.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The purchased shares, totaling several thousand, will be canceled, aligning with the company’s strategic financial management. This move could potentially impact the company’s stock value and shareholder equity, reflecting Smiths Group’s commitment to optimizing its capital structure.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group announced the purchase and subsequent cancellation of its own shares on the London Stock Exchange, executed through HSBC Bank plc. This move is part of a strategic effort to manage its capital structure and potentially enhance shareholder value, reflecting the company’s proactive approach in maintaining its market position.
The most recent analyst rating on (GB:SMIN) stock is a Hold with a £1930.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group announced the repurchase of its ordinary shares from HSBC Bank on the London Stock Exchange, a move that aligns with its strategic financial management. The purchased shares will be canceled, potentially impacting the company’s share value and market perception positively by reducing the number of shares outstanding.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the purchase of its ordinary shares on the London Stock Exchange, executed by HSBC Bank plc. The transaction, initially instructed on 25 March 2025, involved multiple trades on 21 May 2025, with the company planning to cancel the purchased shares. This move reflects Smiths Group’s strategy to manage its share capital and potentially enhance shareholder value.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. This transaction, initially instructed on 25 March 2025, involved purchasing a total of 55,577 shares at varying prices across different trading venues. The repurchased shares will be cancelled, a move likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced a transaction involving its Chief Executive Officer, Roland Carter, who was granted an SAYE share option under the Smiths Group Sharesave Scheme. This transaction, involving ordinary shares of the company, signifies a strategic move to align management interests with shareholder value, potentially impacting the company’s operational focus and stakeholder relations.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as part of a previously issued instruction. The shares, purchased at varying prices, will be canceled, which may impact the company’s share value and market positioning. This move is part of Smiths Group’s strategic financial management, potentially affecting stakeholders by altering the share supply and influencing investor perceptions.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc reported a robust third quarter for FY2025, with organic revenue growth accelerating to 10.6% and a nine-month growth of 9.6%. The company expects to reach the upper end of its 6-8% organic revenue growth guidance and anticipates margin expansion. Key business units, such as Smiths Detection and Smiths Interconnect, demonstrated strong performance, while John Crane and Flex-Tek showed continued momentum. The company is progressing with strategic actions, including the sale of Smiths Interconnect and the separation of Smiths Detection, aiming to focus on its core businesses. Smiths also continues its £500 million share buyback program, having completed £260 million so far.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the purchase of its ordinary shares on the London Stock Exchange, executed by HSBC Bank plc. The shares will be canceled, aligning with regulatory requirements, and this move reflects the company’s strategic financial management, potentially impacting shareholder value and market perception.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc has executed a share buyback program, purchasing a total of 70,997 ordinary shares on the London Stock Exchange through HSBC Bank plc. The shares, acquired at an average price of approximately 2,028 GBp per share, will be canceled, reflecting the company’s strategy to manage its capital structure effectively. This move is expected to enhance shareholder value and demonstrates Smiths Group’s commitment to optimizing its financial operations.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed through HSBC Bank plc. The company plans to cancel these shares, which aligns with its strategic financial management practices. This move may impact the company’s stock value and shareholder equity, reflecting a commitment to optimizing shareholder returns.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc, with plans to cancel these shares. This move aligns with regulatory compliance and reflects the company’s strategic financial management, potentially impacting shareholder value and market perception.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group has announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, with plans to cancel these shares. This move is part of a strategic financial maneuver that could potentially enhance shareholder value and impact the company’s market positioning by reducing the number of shares outstanding.
The most recent analyst rating on (GB:SMIN) stock is a Buy with a £2180.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The purchased shares will be canceled, aligning with regulatory compliance, and this move is part of Smiths Group’s strategic financial management to enhance shareholder value.
Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange. The shares, purchased at varying prices, will be canceled, aligning with the company’s strategic financial management. This move reflects Smiths Group’s commitment to optimizing its capital structure, potentially enhancing shareholder value and reinforcing its market position.
Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed by HSBC Bank plc. The transaction, initially instructed on 25 March 2025, involved the acquisition of a significant number of shares, which will subsequently be canceled. This move is part of Smiths Group’s ongoing strategy to manage its capital structure effectively, potentially impacting its market position and shareholder value.
Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as part of a previously issued instruction. The shares, purchased at varying prices across multiple trading venues, will be canceled, aligning with regulatory requirements. This move may impact the company’s share value and market perception, reflecting a strategic decision to manage share capital effectively.
Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, a move executed through HSBC Bank plc. The repurchased shares will be canceled, aligning with the company’s strategic financial management. This transaction reflects Smiths Group’s commitment to optimizing its capital structure and potentially enhancing shareholder value.
Smiths Group plc announced its total voting rights and capital as of April 30, 2025, confirming an issued share capital of 334,742,780 ordinary shares, each with one vote. This figure is crucial for shareholders and other parties for disclosure obligations under the FCA’s rules. The announcement also notes that shares purchased under the Share Buyback Programme have not yet settled or been cancelled, indicating ongoing adjustments in the company’s capital structure.
Smiths Group plc announced the quarterly acquisition of ordinary shares by two of its non-executive directors, Karin Hoeing and Richard Howes. This transaction, conducted on the London Stock Exchange, involves the purchase of shares using a fixed proportion of after-tax fees received from the company, reflecting a strategic move to align management interests with shareholder value.
Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, with the intention to cancel these shares. This move is part of a strategic financial maneuver that could impact the company’s stock value and shareholder equity, reflecting a commitment to optimizing capital structure.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, a move that aligns with its strategic financial management. The purchased shares will be canceled, potentially impacting the company’s share value and market perception positively by reducing the number of shares outstanding, which can enhance shareholder value.
Smiths Group plc announced the purchase of its own ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The shares, bought at varying prices, are set to be canceled, aligning with regulatory compliance. This move is part of Smiths Group’s ongoing strategy to manage its share capital effectively, potentially impacting its stock value and shareholder returns.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The shares will be canceled, aligning with regulatory requirements, and this move reflects the company’s ongoing strategic financial management to optimize shareholder value.
Smiths Group plc has announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, with the intention to cancel these shares. This move is part of a strategic initiative to manage its share capital and could potentially enhance shareholder value by reducing the number of shares outstanding.
Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed by HSBC Bank plc, with the intention to cancel these shares. This move is part of their ongoing strategy to manage their share capital effectively, potentially impacting shareholder value and market perception positively.
Smiths Group plc announced the purchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc, with the intention to cancel the acquired shares. This strategic move is part of the company’s ongoing efforts to manage its share capital and potentially enhance shareholder value.
Smiths Group plc has announced the publication of its Base Prospectus for a EUR 2.5 billion Euro Medium Term Note Programme, which has been approved by the UK Financial Conduct Authority. This move is expected to enhance the company’s financial flexibility and support its strategic initiatives across its diverse market sectors.
Smiths Group plc announced the granting of share awards to Executive Directors Roland Carter and Julian Fagge under the 2024 Long Term Incentive Plan, aligning executive and shareholder interests. The awards, equivalent to 50% of each director’s salary, are contingent on performance conditions measured by a relative TSR metric over three years, reflecting the company’s strategic focus on unlocking shareholder value.
Smiths Group plc announced the purchase of its own shares on the London Stock Exchange, executed through HSBC Bank plc, as part of a previously announced plan. The company intends to cancel these shares, a move that could potentially impact its share value and market positioning by reducing the number of shares outstanding, thus increasing the value of remaining shares for stakeholders.
Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as per instructions issued in March 2025. The company plans to cancel these shares, a move that could impact its share value and market perception by reducing the number of shares in circulation, potentially increasing shareholder value.
Smiths Group announced the purchase and subsequent cancellation of its ordinary shares on the London Stock Exchange, a move executed through HSBC Bank. This transaction is part of Smiths Group’s ongoing strategy to manage its share capital, potentially impacting its market positioning and shareholder value.
Smiths Group announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The shares, purchased at varying prices, will be canceled, aligning with regulatory requirements. This move could impact the company’s stock value and shareholder equity by reducing the number of shares in circulation.
Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, a move executed through HSBC Bank plc as per prior instructions. The company plans to cancel these shares, reflecting a strategic decision to manage its share capital, which may impact its market positioning and shareholder value.
Smiths Group plc announced the repurchase of its ordinary shares from HSBC Bank plc on the London Stock Exchange, as part of a transaction initiated on March 25, 2025. The company plans to cancel the purchased shares, which could potentially impact its stock value and shareholder equity, reflecting a strategic move to manage its capital structure.
Smiths Group plc announced that Julian Fagge, a Director, has been granted 21,219 share awards under the 2024 Long Term Incentive Plan. This move aligns with the company’s Directors’ Remuneration Policy and reflects its commitment to incentivize leadership performance over the next three financial years, potentially impacting the company’s strategic goals and shareholder value.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, as part of a previously issued instruction. The shares were purchased from HSBC Bank plc and will be canceled, aligning with regulatory requirements. This move may impact the company’s stock value and shareholder equity, reflecting a strategic decision to manage its capital structure.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The company plans to cancel these shares, which is part of its strategy to manage its capital structure effectively. This move is likely to impact the company’s market positioning by potentially increasing the value of remaining shares and demonstrating financial stability.
Smiths Group plc announced its total voting rights and capital as of March 31, 2025, with an issued share capital comprising 339,362,389 ordinary shares. This figure is crucial for shareholders and other stakeholders for disclosure obligations under the FCA’s rules. The announcement also notes that shares purchased under the Share Buyback Programme in late March have not yet settled and been cancelled, which may impact the total voting rights in the future.
Smiths Group plc announced the purchase of its own ordinary shares on the London Stock Exchange, executed through HSBC Bank plc. The shares, bought at varying prices, will be canceled, aligning with regulatory requirements. This move could potentially impact the company’s share value and reflects a strategic decision to manage its capital structure.
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.
Smiths Group plc reported strong financial results for the first half of 2025, with a 9.1% organic revenue growth and a 12.6% increase in operating profit. The company is executing a strategic plan to enhance value creation by focusing on its high-performance John Crane and Flex-Tek businesses, while divesting Smiths Interconnect and Smiths Detection. This strategic shift aims to deliver sustainable growth, higher margins, and strong returns, supported by a substantial share buyback program and new medium-term financial targets.
Smiths Group plc has acquired Duc-Pac Corporation, a US-based metal duct manufacturer for HVAC applications, for $40.5 million. This acquisition is part of Smiths Group’s strategy to expand its North American construction segment and enhance its Flex-Tek business by increasing market presence and creating cross-selling opportunities. The acquisition is expected to be accretive to the Group’s margin and aligns with Smiths Group’s track record of integrating bolt-on acquisitions to support organic growth.
Smiths Group plc has announced the commencement of the next tranche of its £500 million share buyback programme, with plans to purchase up to £350 million of ordinary shares. This move aims to reduce the company’s share capital, with the programme expected to conclude by the end of 2025. The company has partnered with HSBC Bank plc to manage this tranche, adhering to regulatory requirements and shareholder authority granted at the 2024 AGM.
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.
Smiths Group plc announced the repurchase of a significant number of its ordinary shares on the London Stock Exchange, executed by J.P. Morgan Securities plc. This strategic move, initiated in November 2024, aims to optimize the company’s capital structure by canceling the acquired shares, potentially enhancing shareholder value and market positioning.
Smiths Group plc announced the repurchase of its ordinary shares from J.P. Morgan Securities plc, as part of a previously issued instruction. The company intends to cancel these shares, which is a strategic move that could impact its market positioning by potentially increasing shareholder value and optimizing capital structure.
Smiths Group plc has executed a share buyback, purchasing 100,000 of its ordinary shares on the London Stock Exchange. This move, facilitated by J.P. Morgan Securities plc, is part of a strategic initiative announced in November 2024. The company plans to cancel these shares, which could potentially enhance shareholder value by reducing the number of shares outstanding.
Smiths Group plc has repurchased a significant number of its ordinary shares on the London Stock Exchange, as part of a previously announced buyback program. The repurchased shares will be cancelled, a move that could potentially enhance shareholder value by reducing the number of shares outstanding and possibly increasing earnings per share.
Smiths Group plc has repurchased a significant number of its ordinary shares on the London Stock Exchange, as part of a previously announced plan. The shares, purchased from J.P. Morgan Securities plc, will be canceled, which could potentially enhance shareholder value by reducing the number of shares outstanding. This move reflects the company’s strategic approach to managing its capital structure and may have implications for its market positioning and stakeholder interests.
Smiths Group plc announced the repurchase of its own shares on the London Stock Exchange, purchasing a total of 99,023 shares at varying prices. This transaction, executed through J.P. Morgan Securities, is part of a previously announced buyback program aimed at optimizing the company’s capital structure. The repurchased shares will be canceled, which could potentially enhance shareholder value by reducing the number of outstanding shares.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange, executed through J.P. Morgan Securities plc. The repurchased shares, totaling 99,225, will be canceled, which is part of a strategic move to manage the company’s capital structure and potentially enhance shareholder value.