IMI plc ( (GB:IMI) ) has issued an announcement.
IMI plc, a company involved in engineering solutions, announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 1989.3728 pence per share. This transaction, conducted through Numis Securities Limited, reduces the total number of shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s confidence in its financial position.
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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