SHARE BUYBACK PROGRAMME

Summary by AI BETAClose X

Smiths Group plc is initiating the first tranche of its £1 billion share buyback programme, with up to £600 million in ordinary shares to be repurchased and cancelled. This initial phase is expected to conclude by 31 July 2026, with the overall programme substantially completed by the end of calendar year 2026. The company has engaged HSBC Bank plc to manage this first tranche, which will commence upon the completion of the current £350 million buyback. The buyback is within the shareholder authority granted at the 19 November 2025 AGM, which permits the repurchase of up to 32,653,430 shares.

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