IMI plc ( (GB:IMI) ) has shared an announcement.
IMI plc, a company involved in various industrial sectors, has announced the repurchase of 125,000 of its own ordinary shares for cancellation at an average price of 1972.9232 pence per share. This transaction, executed through Numis Securities Limited, will reduce the total number of shares in issue, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
More about IMI plc
YTD Price Performance: 8.57%
Average Trading Volume: 664,250
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.04B
For detailed information about IMI stock, go to TipRanks’ Stock Analysis page.