Smiths Group plc (GB:SMIN) has released an update.
Smiths Group plc has announced the repurchase and subsequent cancellation of a total of 15,000 of its ordinary shares from two trading venues, XLON and BATE, through J.P. Morgan Securities plc. The transactions occurred on July 18, 2024, with share prices ranging between 1,736 to 1,752 GBp. The company’s decision to buy back shares is part of its strategy to manage capital effectively.
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