The latest announcement is out from IMI plc ( (GB:IMI) ).
IMI plc, a company involved in the engineering sector, announced the repurchase and cancellation of 125,000 of its ordinary shares at an average price of 1961.9765 pence per share. This transaction, conducted through Numis Securities Limited, reduces the total number of shares in issue to 268,194,129 and the total voting rights to 255,545,293, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
More about IMI plc
YTD Price Performance: 10.05%
Average Trading Volume: 658,681
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.19B
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