What does it mean when a guy smiles when you talk to him?

I’ve been seeing this guy around and when we make eye contact, he holds the eye contact and smiles at me (closed mouth smile).

The other day, I decided to take things further and said hi to him when we smiled at each other. He immediately grinned and said hi back.

Why would a guy grin when you say hi to him?

What does it mean when a guy smiles when you talk to him?
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