Smiths Group plc (GB:SMIN) has released an update.
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Smiths Group plc has announced the repurchase of 30,000 of its own shares on the London Stock Exchange, with plans to cancel the acquired shares. This move reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value. The shares were purchased at an average price of approximately 1,770 GBp per share.
For further insights into GB:SMIN stock, check out TipRanks’ Stock Analysis page.
