FTSE 100 news / Companies and sectors / Smith & Nephew / 2 October 2026
Smith & Nephew (SN): news on Friday 2 October 2026
−4.7 negative
Coverage centred on the shares hitting a 52-week low and trading under pressure despite a new knee system clearance. Routine early redemption of the 5.150% notes due 2027 was mildly supportive but minor.
What drove it
- 52-week share price low
- knee system clearance
- notes redemption
The 5 stories
- −9.2 Smith & Nephew stock hits 52-week low at 26.39 USD
Shares hit 52-week low, signalling weak market confidence - −5.0 Why Is Smith & Nephew (LSE:SN) Stock Under Pressure Even After A New Knee System Clearance While FTSE 100 Trades Higher?
Stock under pressure despite new knee system clearance - +1.7 Smith & Nephew to Fully Redeem $350m 5.150% Notes Due 2027 Ahead of Maturity
Early full redemption of notes, mildly positive balance sheet action - +0.8 Smith & Nephew plc Announces Redemption Price of $350,000,000 5.150% Notes Due 2027
Routine debt redemption price announcement, broadly neutral - +0.8 The 5.150% notes due in 2027 will be redeemed by Smith & Nephew (SNN) on October 5.
Notes redemption date, routine debt management
Smith & Nephew: every day · Pharma and healthcare on 2 October 2026 · FTSE 100 overview for the day