Smiths Group plc (GB:SMIN) has released an update.
Smiths Group plc has announced the repurchase and cancellation of a substantial number of its shares on the London Stock Exchange through J.P. Morgan Securities plc. The transactions occurred on April 18, 2024, and were part of a share buyback plan previously disclosed on March 26, 2024. This strategic move is set to potentially increase the value of remaining shares and reflects the company’s commitment to shareholder value.
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