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Smiths Group plc ( (GB:SMIN) ) just unveiled an update.
Smiths Group plc has announced the repurchase of 30,000 of its ordinary shares from J.P. Morgan Securities plc, with plans to cancel these shares. This strategic move, executed on 10 January 2025, aligns with the company’s ongoing efforts to optimize its capital structure, potentially enhancing shareholder value and market position.
More about Smiths Group plc
Smiths Group plc is a global leader in engineering, focusing on creating a safer, more efficient, and better-connected world. Operating for over 170 years, the company serves 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: 0.99%
Average Trading Volume: 978,707
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £5.93B
For an in-depth examination of SMIN stock, go to TipRanks’ Stock Analysis page.
