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Smiths Group plc ( (GB:SMIN) ) has shared an update.
Smiths Group plc has announced the repurchase of 100,000 of its ordinary shares on the London Stock Exchange through J.P. Morgan Securities, pursuant to instructions issued in November 2024. The purchased shares will be canceled, aligning with the company’s strategy to manage its share capital effectively, which may positively impact shareholder value and the company’s market positioning.
More about Smiths Group plc
Smiths Group plc is a global engineering company with over 170 years of experience, focusing on creating a safer, more efficient, and better-connected world. Operating in four major markets—Energy, General Industry, Safety & Security, and Aerospace—Smiths Group is listed on the London Stock Exchange and employs more than 15,000 people across over 50 countries.
YTD Price Performance: 21.47%
Average Trading Volume: 1,080,757
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £7.2B
For an in-depth examination of SMIN stock, go to TipRanks’ Stock Analysis page.
