27th Nov 2025 13:39
Smiths Group PLC - London-based engineering for energy, security & defence, space & aerospace and general industrial sectors - Plans to start the new GBP1 billion share buyback programme that it announced last week with a GBP600 million first tranche to be run by HSBC Bank PLC. The tranche will start once the current buyback programme is completed in December. The first tranche of the new buyback is expected to be completed by July 31 and the entire GBP1 billion programme by the end of 2026. The repurchased shares will be cancelled.
Current stock price: 2,436.00 pence
12-month change: up 37%
By Tom Waite, Alliance News editor
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