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Smiths Group plc Grants Conditional Share Awards to Directors

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Smiths Group plc Grants Conditional Share Awards to Directors

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Smiths Group plc ( (GB:SMIN) ) just unveiled an update.

Smiths Group plc announced the granting of conditional share awards to its directors under the Smiths Group plc Deferred Bonus Plan. CEO Roland Carter received 27,316 shares, while CFO Julian Fagge was awarded 6,933 shares. This move aligns with the company’s Directors Remuneration Policy and is in compliance with the UK Market Abuse Regulation, reflecting the company’s commitment to transparent and regulated executive compensation practices.

The most recent analyst rating on (GB:SMIN) stock is a Hold with a £23.30 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.

Spark’s Take on GB:SMIN Stock

According to Spark, TipRanks’ AI Analyst, GB:SMIN is a Outperform.

Smiths Group plc’s strong financial performance and strategic corporate actions, such as share buybacks, significantly bolster its stock score. However, the high P/E ratio suggests a relatively expensive valuation, which slightly tempers the overall score.

To see Spark’s full report on GB:SMIN stock, click here.

More about Smiths Group plc

Smiths Group plc is a global leader in engineering, serving four key markets: energy, safety & security, aerospace & defence, and general industrial. With a history spanning over 170 years, the company is committed to creating a safer, more efficient, and better-connected world. It is listed on the London Stock Exchange and employs over 16,000 people across more than 50 countries.

Average Trading Volume: 873,921

Technical Sentiment Signal: Buy

Current Market Cap: £7.66B

Learn more about SMIN stock on TipRanks’ Stock Analysis page.

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