Weekly Recap: £500m buyback extension and John Crane asbestos sale
Smiths Group Plc (LSE:SMIN) boosted its shareholder return plan by adding up to £500m to a £1.5bn buyback—after repurchasing 1,926,372 shares—and launched a sale process for the John Crane U.S. asbestos liability, expecting ~£20m free cash flow uplift and operational gains.Previous Week RecapThis i…