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Smiths Group plc ( (GB:SMIN) ) just unveiled an announcement.
Smiths Group plc announced the purchase of its own ordinary shares on the London Stock Exchange facilitated by J.P. Morgan Securities plc, as per prior instructions. The transaction involves purchasing shares at varying prices, which will be subsequently canceled. This move is part of the company’s strategy to manage capital more effectively, potentially enhancing shareholder value and influencing its market positioning.
More about Smiths Group plc
Smiths Group is a company with over 170 years of experience in pioneering engineering solutions. It operates across four major global markets: Energy, General Industry, Safety & Security, and Aerospace. Based in London and listed on the London Stock Exchange, the company employs more than 15,000 people in over 50 countries.
YTD Price Performance: 1.81%
Average Trading Volume: 1,143,073
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £5.98B
Learn more about SMIN stock on TipRanks’ Stock Analysis page.
