Transaction in Own Shares

Summary by AI BETAClose X

Smiths Group plc has announced the purchase of 367,545 of its ordinary shares on the London Stock Exchange through HSBC Bank plc. The weighted average price paid per share was approximately 2,346.70 GBp, with individual trades ranging from 2,334.00 GBp to 2,362.00 GBp. These purchased shares will be cancelled, which typically indicates a company's intention to reduce its outstanding share count and potentially increase earnings per share.

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