Smiths Group plc (GB:SMIN) has released an update.
Smiths Group plc has confirmed the repurchase and subsequent cancellation of a portion of its ordinary shares from the London Stock Exchange, as part of its share buy-back program initiated on 26 March 2024. The transactions, which occurred on 24 April 2024, involved the acquisition of shares at various prices, reflecting ongoing efforts to manage the company’s capital effectively. The buy-back will likely impact the company’s share structure and could signal confidence to investors about Smiths Group’s financial health and future prospects.
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