sn201012176k.htm
 
 
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
 
 
December 17, 2010
 
Commission File Number 001-14978
 
 SMITH & NEPHEW plc
(Registrant's name)

 15 Adam Street
London, England WC2N 6LA
(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
---                         ---
[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.
 
 


 
 
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: December 17, 2010
 
 
By: /s/ Susan Henderson
-----------------
Susan Henderson
Company Secretary
 


 
 
Smith & Nephew plc
 
17 December 2010
 
Smith & Nephew plc - Transaction in Own Shares
 
Smith & Nephew plc announces that on 17 December 2010 it transferred a total of 13,047 ordinary shares of US$0.20 each to participants of the Smith & Nephew ShareSave Plan and the Smith & Nephew International ShareSave Plan, who had exercised options on that date.
 
The shares, which were all formerly held as Treasury shares, were transferred as follows:
 
 
· 9,943 ordinary shares at an exercise price of 455.5p per share; and
 
 
· 3,104 ordinary shares at an exercise price of 425p per share.
 
 
Following the above transactions, Smith & Nephew plc holds 62,720,798 ordinary shares in treasury, and has 889,960,217 ordinary shares in issue (excluding treasury shares).
 
 
 
 
 
Gemma Parsons
Deputy Company Secretary