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Hill & Smith Holdings ( (GB:HILS) ) has provided an update.
Hill & Smith PLC has executed a share buyback, purchasing 12,000 ordinary shares at prices ranging from 2,165 to 2,200 pence per share, as part of its £100 million share buyback program. This transaction reduces the total number of shares in issue to 79,961,793, reflecting the company’s ongoing efforts to enhance shareholder value through strategic financial management.
The most recent analyst rating on (GB:HILS) stock is a Buy with a £2650.00 price target. To see the full list of analyst forecasts on Hill & Smith Holdings stock, see the GB:HILS Stock Forecast page.
Spark’s Take on GB:HILS Stock
According to Spark, TipRanks’ AI Analyst, GB:HILS is a Outperform.
Hill & Smith Holdings scores well due to its strong financial performance and strategic corporate actions like the share buyback program. While technical indicators show positive momentum, the overbought RSI suggests caution. The valuation is moderate, providing a balanced risk-reward profile.
To see Spark’s full report on GB:HILS stock, click here.
More about Hill & Smith Holdings
Average Trading Volume: 176,146
Technical Sentiment Signal: Buy
Current Market Cap: £1.76B
For an in-depth examination of HILS stock, go to TipRanks’ Overview page.