---
title: "Smith & Nephew To Repurchase Up To $250 Mln Of Shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285674990.md"
description: "Smith & Nephew PLC has announced a share repurchase program, engaging Merrill Lynch International to buy back up to $250 million of shares at $0.20 each. This first tranche will start on May 8 and conclude by September 7, aimed at reducing the company's issued share capital."
datetime: "2026-05-08T06:40:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285674990.md)
  - [en](https://longbridge.com/en/news/285674990.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285674990.md)
---

# Smith & Nephew To Repurchase Up To $250 Mln Of Shares

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Smith & Nephew PLC (SNN,SN.L), a medical technology company, said on Friday that it has inked a deal with Merrill Lynch International to repurchase up to $250 million of shares at $0.20 per share as part of the first tranche of the share repurchase drive.

This first tranche will commence on May 8 and will end no later than September 7.

The purpose of the program is to reduce Smith & Nephew's issued share capital.

Smith & Nephew will repurchase the shares acquired by Merrill Lynch International.

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