Smiths Group plc (GB:SMIN) has released an update.
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Smiths Group PLC has recently repurchased and canceled 146,108 of its ordinary shares, executed through J.P. Morgan Securities on the London Stock Exchange. This strategic move, aimed at optimizing the company’s capital structure, reflects a weighted average purchase price of 1,706.7 GBp per share. The buyback initiative underscores Smiths Group’s commitment to enhancing shareholder value and market presence.
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