July 8, 2026, 3:06 AM EDT. Smiths Group PLC said it bought 414,968 ordinary shares on the London Stock Exchange, closing out the first £600 million tranche of its £1 billion buyback. Purchases were made through HSBC Bank plc on July 6-7, 2026, with prices between 2,520 and 2,641 GBp per share. Smiths Group is cancelling the acquired shares. The group now heads into its second £400 million tranche. The buyback is meant to return value to shareholders and supports the company's approach to capital management. Share purchases followed EU Market Abuse Regulation as it stands in UK law.