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Smiths Group plc ( (GB:SMIN) ) has provided an announcement.
Smiths Group plc has completed a share buyback transaction, purchasing 98,050 ordinary shares from J.P. Morgan Securities plc on the London Stock Exchange. This move, announced as part of its strategic plan on November 13, 2024, is aimed at optimizing the company’s capital structure through the cancellation of the acquired shares.
More about Smiths Group plc
Smiths Group plc is a global leader in engineering solutions, serving four major markets: Energy, General Industry, Safety & Security, and Aerospace. The company, with a legacy of over 170 years, aims to enhance safety, efficiency, and connectivity across the globe, employing over 15,000 people in more than 50 countries. Smiths Group is listed on the London Stock Exchange.
YTD Price Performance: 21.12%
Average Trading Volume: 1,049,556
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £7.09B
Learn more about SMIN stock on TipRanks’ Stock Analysis page.
