IMI plc ( (GB:IMI) ) has provided an announcement.
IMI plc has announced the repurchase of 100,000 of its ordinary shares through Numis Securities Limited for cancellation, with an average purchase price of 1984.6588 pence per share. This transaction reduces the total number of ordinary shares in issue to 267,846,793, with 12,648,836 shares held in treasury, impacting the company’s voting rights and potentially influencing its market position.
More about IMI plc
YTD Price Performance: 8.24%
Average Trading Volume: 653,364
Technical Sentiment Signal: Sell
Current Market Cap: £5.01B
For detailed information about IMI stock, go to TipRanks’ Stock Analysis page.