UK's Smiths Group launches $1.3 billion buyback after quarterly sales rise
19/11/2025 07:20
Nov 19 (Reuters) - British engineering firm Smiths SMIN.L launched a new one billion pound ($1.31 billion) share buyback on Wednesday, and said first-quarter organic revenue grew 3.5% helped by an uptick in orders and double-digit growth in its Smiths Detection unit. ($1 = 0.7612 pounds) (Reporting by Yamini Kalia and Simone Lobo in Bengaluru) ((Yamini.Kalia@thomsonreuters.com))