FORM 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
March 12, 2008
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
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[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
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[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
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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: March 12, 2008
By: /s/ Paul Chambers
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Paul Chambers
Company Secretary
Smith & Nephew PLC
12 March 2008
Smith & Nephew PLC - Transaction in Own Shares
Smith & Nephew PLC announces that on 12 March 2008 it transferred 484,517
ordinary shares of US$0.20 to Abacus Corporate Trustee Limited, the Trustee of
the Smith & Nephew 2004 Employees' Share Trust. The shares will be used to
satisfy options and awards under the 2004 Senior Executive Share Plans.
The transferred shares were all formerly held as Treasury Shares.
Following the above transfer, Smith & Nephew PLC holds 57,594,483 ordinary
shares in treasury, and has 890,612,302 ordinary shares in issue (excluding
treasury shares).
Paul Chambers
Company Secretary