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The latest announcement is out from Smiths Group plc ( (GB:SMIN) ).
Smiths Group plc has announced the repurchase of its ordinary shares on the London Stock Exchange, facilitated by J.P. Morgan Securities plc, as part of its ongoing share buyback program. The repurchased shares, acquired at a volume-weighted average price, will be canceled, indicating a strategy to return value to shareholders and potentially improve earnings per share. This move aligns with regulatory compliance but does not constitute an offer for securities.
More about Smiths Group plc
Smiths Group plc is a company with a rich history of over 170 years in engineering, offering innovative solutions across four major global markets: Energy, General Industry, Safety & Security, and Aerospace. The company is listed on the London Stock Exchange and employs more than 15,000 people in over 50 countries, focusing on creating a safer, more efficient, and better-connected world.
YTD Price Performance: 2.05%
Average Trading Volume: 1,106,650
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £5.99B
Find detailed analytics on SMIN stock on TipRanks’ Stock Analysis page.
