A system for reducing the diameter of a stent comprises a stent contracting assembly. The assembly comprises a plurality of blades, which define a diameter reduction chamber. The chamber has an open diameter configuration and a closed diameter configuration. The plurality of blades comprises active blades and floating blades, wherein each active blade is engaged to an actuation mechanism. The actuation mechanism is constructed and arranged to move each active blade from the open diameter configuration to the closed diameter configuration. Each floating blade is moved from the open diameter configuration to the closed diameter configuration only as a result of the movement of the active blades.