By Josh White
Date: Wednesday 17 Jul 2024
LONDON (ShareCast) - (Sharecast News) - Smiths Group announced the sale of 1.2 million shares in ICU Medical on Wednesday, amounting to roughly 4.9% of ICU Medical's issued share capital.
The FTSE 100 company said the transaction was set to generate net proceeds of approximately $152m (£117m) for the group.
It said it planned to use the funds for general corporate purposes.
After the sale, Smiths Group retained a stake in ICU Medical, holding 0.47 million shares, equating to around 1.92% of ICU's issued share capital.
At 0828 BST, shares in Smiths Group were down 0.29% at 1,746p.
Reporting by Josh White for Sharecast.com.
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| Currency | UK Pounds |
| Share Price | 2,518.00p |
| Change Today | -6.00p |
| % Change | -0.24 % |
| 52 Week High | 2,532.00p |
| 52 Week Low | 1,522.00p |
| Volume | 2,696,161 |
| Shares Issued | 325.57m |
| Market Cap | £8,198m |
| Beta | 1.17 |
| RiskGrade | 127 |
| Value |
|
|---|
| Price Trend |
|
|---|
| Income |
|
|---|
| Growth |
|
|---|
| Strong Buy | 4 |
| Buy | 4 |
| Neutral | 4 |
| Sell | 1 |
| Strong Sell | 0 |
| Total | 13 |

| Latest | Previous | |
|---|---|---|
| Final | Interim | |
| Ex-Div | 16-Oct-25 | 03-Apr-25 |
| Paid | 21-Nov-25 | 14-May-25 |
| Amount | 31.77p | 14.23p |
| Time | Volume / Share Price |
| 12:50 | 1,087,094 @ 2,526.00p |
| 12:50 | 1,087,094 @ 2,526.00p |
| 16:36 | 24,618 @ 2,518.00p |
| 16:35 | 235 @ 2,518.00p |
| 16:35 | 14,262 @ 2,518.00p |
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