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An update from Smiths Group plc ( (GB:SMIN) ) is now available.
Smiths Group plc announced the repurchase of its ordinary shares on the London Stock Exchange as part of a planned buyback program initiated in November 2024. The company acquired a total of 27,000 shares, with transactions conducted through J.P. Morgan Securities plc. This move is part of Smiths Group’s strategy to optimize its capital structure by cancelling the purchased shares, potentially enhancing shareholder value and demonstrating confidence in its financial health.
More about Smiths Group plc
Smiths Group plc is a leading engineering company with over 170 years of history, serving four major global markets: Energy, General Industry, Safety & Security, and Aerospace. Headquartered in the UK and listed on the London Stock Exchange, Smiths Group employs more than 15,000 people across more than 50 countries.
YTD Price Performance: 9.54%
Average Trading Volume: 1,016,621
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.52B
For a thorough assessment of SMIN stock, go to TipRanks’ Stock Analysis page.
