Smiths Group Plc (LSE:SMIN) completed a £760m pension buy‑in with M&G in July 2026, insuring all 17,000 members and prompting a 1.29% share rise to 2,597p, while shareholder support was confirmed at the 23 July GM as Resolution 1 passed with proxies recorded in favour.
Previous Week Recap
- Smiths Group Pension Buy-In Insured: Smiths Group (SMIN) completed a £760m pension buy‑in with M&G in July 2026, insuring all 17,000 scheme members, funded from scheme assets; shares rose 1.29% to 2,597p on the news.
- Resolution 1 Passed, Shares Outstanding: Smiths Group (SMIN): At the 23 July 2026 GM, Resolution 1 passed. As of 21 July 2026, 296,951,474 ordinary shares/outstanding voting rights; proxy votes recorded as in favour.
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