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Smiths Group plc ( (GB:SMIN) ) has shared an announcement.
Smiths Group PLC has announced the repurchase of 99,215 of its ordinary shares from J.P. Morgan Securities, following instructions issued in November 2024. The shares, purchased on the London Stock Exchange and other venues, will be canceled as part of the company’s strategy to manage its share capital, potentially improving shareholder value and reducing the overall number of outstanding shares.
More about Smiths Group plc
Smiths Group is a pioneering engineering company with over 170 years of history, serving global markets in Energy, General Industry, Safety & Security, and Aerospace. They are listed on the London Stock Exchange and employ more than 15,000 people across over 50 countries.
YTD Price Performance: 20.07%
Average Trading Volume: 1,060,204
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £6.96B
For a thorough assessment of SMIN stock, go to TipRanks’ Stock Analysis page.
