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IMI plc Announces Share Buyback Program

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IMI plc Announces Share Buyback Program

IMI plc ( (GB:IMI) ) has shared an update.

IMI plc, a company involved in engineering and manufacturing, has announced a share buyback program. On March 13, 2025, the company repurchased 124,691 of its ordinary shares at an average price of 1959.7944 pence per share. This transaction reduces the total number of shares in circulation, potentially increasing the value of remaining shares and signaling confidence in the company’s financial health. The buyback was executed through Numis Securities Limited and involved transactions on various trading platforms including the London Stock Exchange, Chi-X, and BATS.

More about IMI plc

YTD Price Performance: 8.90%

Average Trading Volume: 669,757

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £5.05B

See more data about IMI stock on TipRanks’ Stock Analysis page.

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