Smiths Group plc (GB:SMIN) has released an update.
Smiths Group plc has bought back 21,000 of its own ordinary shares through transactions on the London Stock Exchange, facilitated by J.P. Morgan Securities plc. Following the repurchase, the company plans to cancel these shares. The operation was part of a previously announced buyback program from March 26, 2024, aimed at reducing the share capital and potentially providing returns to shareholders.
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