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The latest announcement is out from Smiths Group plc ( (GB:SMIN) ).
Smiths Group plc announced the purchase and subsequent cancellation of its own shares on the London Stock Exchange, executed through J.P. Morgan Securities plc. This move is part of its ongoing capital management strategy, potentially enhancing shareholder value and optimizing the company’s capital structure.
More about Smiths Group plc
Smiths Group plc is a global leader in engineering solutions, serving markets in Energy, General Industry, Safety & Security, and Aerospace. With a history spanning over 170 years, the company employs more than 15,000 people across 50 countries, focusing on creating a safer, more efficient, and connected world.
YTD Price Performance: 2.80%
Average Trading Volume: 1,144,705
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £6.04B
Find detailed analytics on SMIN stock on TipRanks’ Stock Analysis page.
