Smiths Group plc (GB:SMIN) has released an update.
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Smiths Group plc has repurchased a total of 30,000 ordinary shares from J.P. Morgan Securities on the London Stock Exchange, with prices ranging between 1,741 GBp and 1,786 GBp. This move is part of the company’s ongoing share buyback program, aiming to enhance shareholder value by canceling the repurchased shares. Investors should note the impact of such buybacks on share liquidity and potential stock price adjustments.
For further insights into GB:SMIN stock, check out TipRanks’ Stock Analysis page.
