IMI plc ( (GB:IMI) ) has provided an announcement.
IMI plc has announced a share buyback program, purchasing 90,000 of its ordinary shares for cancellation at an average price of 1973.5308 pence per share. This transaction reduces the total number of shares in issue to 268,727,409, with 256,078,573 voting rights remaining, potentially enhancing shareholder value and signaling confidence in the company’s financial health.
More about IMI plc
YTD Price Performance: 6.86%
Average Trading Volume: 668,470
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.06B
For detailed information about IMI stock, go to TipRanks’ Stock Analysis page.