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An announcement from Smiths Group plc ( (GB:SMIN) ) is now available.
Smiths Group plc announced the purchase of its own ordinary shares on the London Stock Exchange, as per instructions issued in November 2024. This strategic move, involving the acquisition of 30,000 shares at weighted average prices, is part of the company’s effort to manage its capital structure and enhance shareholder value by canceling the purchased shares.
More about Smiths Group plc
Smiths Group plc is a global leader in advanced engineering, providing innovative solutions across four primary markets: Energy, General Industry, Safety & Security, and Aerospace. With over 170 years of experience, the company is listed on the London Stock Exchange and employs more than 15,000 people in over 50 countries, focusing on creating a safer, more efficient, and better-connected world.
Average Trading Volume: 1,003,920
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £5.88B
For an in-depth examination of SMIN stock, go to TipRanks’ Stock Analysis page.
