An announcement from Smiths Group plc ( (GB:SMIN) ) is now available.
Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, executed through J.P. Morgan Securities plc. The transaction involved purchasing a total of 100,000 shares, which will subsequently be canceled. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Smiths Group plc
Smiths Group plc is a global leader in engineering, with a history spanning over 170 years. The company operates in four major markets: Energy, General Industry, Safety & Security, and Aerospace, serving millions of people worldwide. Smiths Group is listed on the London Stock Exchange and employs over 15,000 people across more than 50 countries.
YTD Price Performance: 17.16%
Average Trading Volume: 1,133,273
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.84B
See more insights into SMIN stock on TipRanks’ Stock Analysis page.