---
title: "Hill & Smith Cancels Further Shares Under £100m Buyback Programme"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284506033.md"
description: "Hill & Smith Holdings has updated its £100m share buyback programme, repurchasing 14,169 shares on April 28, 2026, reducing its issued share capital to 78,929,304 shares. A total of 1,925,481 shares have been cancelled under this programme, indicating ongoing capital returns to shareholders. Analysts rate HILS stock as a Buy with a price target of £2760.00, citing strong financial performance despite cash flow volatility. The company's market cap stands at £1.94B, focusing on infrastructure-related markets."
datetime: "2026-04-29T06:29:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284506033.md)
  - [en](https://longbridge.com/en/news/284506033.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284506033.md)
generator: "portal-rs"
---

# Hill & Smith Cancels Further Shares Under £100m Buyback Programme

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Hill & Smith Holdings ( (GB:HILS) ) has provided an update.

Hill & Smith has continued to execute its £100m share buyback programme, repurchasing 14,169 ordinary shares on 28 April 2026 via Deutsche Bank’s London branch for cancellation in an on-exchange transaction. Following this latest tranche, which was executed at a volume-weighted average price of 2,474.4396 pence per share, the company’s issued share capital falls to 78,929,304 ordinary shares, with a total of 1,925,481 shares now cancelled under the programme, signalling ongoing capital returns to shareholders and a tighter equity base.

The most recent analyst rating on (GB:HILS) stock is a Buy with a £2760.00 price target. To see the full list of analyst forecasts on Hill & Smith Holdings stock, see the GB:HILS Stock Forecast page.

**Spark’s Take on HILS Stock**

According to Spark, TipRanks’ AI Analyst, HILS is a Outperform.

The score is driven primarily by strong financial performance, led by improved profitability and a healthier leverage profile, partially offset by volatility in cash flow. Technical indicators are mixed-to-weak in the near term (negative MACD, RSI below neutral, and price below short-term moving averages). Valuation appears reasonable rather than clearly cheap, supported by a moderate dividend yield.

To see Spark’s full report on HILS stock, click here. 

**More about Hill & Smith Holdings**

Hill & Smith PLC is a UK-listed company that operates across infrastructure-related markets, with its ordinary shares traded on the London Stock Exchange. The group typically focuses on engineered products and services that support transport, utilities and construction sectors, serving institutional and industrial customers in domestic and international markets.

**Average Trading Volume:** 199,020

**Technical Sentiment Signal:** Buy

**Current Market Cap:** £1.94B

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**