Report of Foreign Issuer (6-k)

SECURITIES AND EXCHANGE COMMISSION

  WASHINGTON, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16  

of the Securities Exchange Act of

  1934

August 02, 2019

Commission File Number 001-14978  

  SMITH & NEPHEW plc

(Registrant's name)  

Building 5, Croxley Park,

Hatters Lane, Watford, Hertfordshire, WD18 8YE,

England

(Address of registrant's principal executive offices)  

[Indicate by check mark whether the registrant files or will file annual

reports under cover Form 20-F or Form 40-F.]  

Form 20-F X Form 40-F

--- ---  

[Indicate by check mark if the registrant is submitting the Form 6-K in

paper as permitted by Regulation S-T Rule 101(b)(1).]  

Yes No X

--- ---  

[Indicate by check mark if the registrant is submitting the Form 6-K in

paper as permitted by Regulation S-T Rule 101(b)(7).]  

Yes No X

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[Indicate by check mark whether by furnishing the information contained

in this Form, the registrant is also thereby furnishing information to the

Commission pursuant to Rule 12g3-2 (b) under the Securities Exchange Act of

1934.]  

Yes No X

--- ---  

If "Yes" is marked, indicate below the file number assigned to the

registrant in connection with Rule 12g3-2 (b) : 82- n/a.

2 August 2019

Commencement of Quarterly Buy Back Programme

Smith & Nephew plc (the "Company") will now commence its Quarterly Buy Back Programme of 258,258 of its ordinary shares of US 20¢ each (the "Buy Back Programme") and has entered into an agreement with J.P. Morgan Securities plc ("JPMS") under which it has issued an irrevocable instruction to JPMS to manage the Buy Back Programme.

The Company intends to hold these shares in Treasury and then cancel them.

These shares were used in connection with employee share schemes in Quarter 2 2019.

The purpose of this Buy Back Programme is to reduce the share capital of the Company, in order to keep it broadly constant. The maximum pecuniary amount allocated to the Buy Back Programme is £5,300,000 and the maximum number of shares that will be purchased under the Buy Back Programme is 258,258. The Buy Back Programme will commence on 5 August 2019 and will end no later than 7 August 2019.

This announcement is made in accordance with Chapter 12 of the UKLA Listing Rules and Market Abuse Regulation 596/2014.

Susan Swabey

Company Secretary

Smith & Nephew plc

Tel: 01923 477216

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Smith & Nephew Plc

(Registrant)

Date: August 02, 2019

By: /s/ Susan Swabey

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Susan Swabey

Company Secretary