IMI plc Executes Share Buyback and Cancellation
Company Announcements

IMI plc Executes Share Buyback and Cancellation

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

On August 5, 2024, IMI plc announced the purchase and subsequent cancellation of 67,447 of its ordinary shares at an average price of 1,722.62 pence per share. The transaction, executed through Merrill Lynch International, resulted in a revised total of 274,754,085 ordinary shares in issue and 261,105,249 voting rights post-cancellation. This move reflects the company’s active management of its share capital.

For further insights into GB:IMI stock, check out TipRanks’ Stock Analysis page.

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