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1		-US:SMGKF|GB:SMIN
	1	+US:SMGKF|GB:SMIN|Great Britain

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5	5	= Summary =
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7		-* Smiths Group is a technology group driven by innovation.
8		-* The company work with its customers to create the future. To invent, design and deliver solutions that keep systems working, operations running and the modern world turning.
	7	+* Smiths Group is a technology company.
	8	+* The company work with its customers to create, invent, design and deliver solutions that keep systems working, operations running and the modern world turning.
9	9	* John Crane is a global leader in rotating equipment solutions, supplying engineered technologies
10	10	* Smiths Detection is a global leader in detection and screening technologies for the protection of people and assets, supporting safety, security and freedom of movement in today’s world.
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15	15	= Company Overview =
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17		-Smiths Group (LSE:SMIN, OTC:SMGKF) is a technology group driven by innovation. The company work with its customers to create the future. To invent, design and deliver solutions that keep systems working, operations running and the modern world turning.
	17	+Smiths Group (LSE:SMIN, OTC:SMGKF) is a technology group driven by innovation. The company work with its customers to create, invent, design and deliver solutions that keep systems working, operations running and the modern world turning.
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19	19	Smiths Group proud of its 170 year history of being pioneers of progress, improving the world through smarter engineering
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27	27	When you travel by air, use your phone, go through an airport, cook a meal or heat your home – look closer and you will see it.{{footnote}}https://www.smiths.com/what-we-do{{/footnote}}
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30		-Smiths Group a technology group driven by innovation. The company work with its customers to create the future. To invent, design and deliver solutions that keep systems working, operations running and the modern world turning.
	30	+Smiths Group a technology group driven by innovation. The company work with its customers to create, invent, design and deliver solutions that keep systems working, operations running and the modern world turning.
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33	33	=== JOHN CRANE ===
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170	170	In connection with the transaction, Smiths announced that it intends to return an amount representing 55% of the initial cash proceeds (equating to $1bn or £742m) to shareholders in the form of a share buyback programme. All shares purchased under the programme will be cancelled. Smiths initiated this programme on 19 November 2021 and has purchased 4.2m shares to date, for a total consideration of £64.3m. The balance of the initial cash proceeds will be used to accelerate value creative growth opportunities and further reinforce Smiths’ strong balance sheet.
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172		-**Commenting on the announcement, Paul Keel, CEO of Smiths Group plc stated:**
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174		-//“At our capital markets event in November, we emphasised the exciting and tangible opportunity we have to deliver on our significant potential. I am pleased to announce that we have completed the sale of Smiths Medical ahead of schedule, another example of the accelerated pace at which we are now moving. This is our largest portfolio move in over a decade and positions us even more strongly to access the growth available in our industrial technology core.//
175		-
176		-//On behalf of everyone at Smiths, I’d like to thank our Smiths Medical colleagues for their many contributions over the years and wish them every success moving forward with ICU Medical.”//
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178	178	// //
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182	182	= References =
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184	184	{{putFootnotes/}}