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The latest announcement is out from IMI plc ( (GB:IMI) ).
IMI plc has continued its share buyback activity, purchasing 75,357 of its own ordinary shares on 10 April 2026 via J.P. Morgan Securities at an average price of 2,780.9280 pence, with prices ranging between 2,768.0000 pence and 2,796.0000 pence. The repurchased shares will be cancelled, reducing the total number of ordinary shares in issue to 255,768,398 and leaving 243,119,562 voting rights once treasury holdings are excluded.
The latest transaction, executed on the London Stock Exchange and BATS venues, forms part of IMI’s ongoing capital management programme aimed at returning surplus cash to shareholders and optimising its balance sheet. By shrinking the share count and maintaining a sizeable treasury position, the company effectively increases earnings per share and may signal confidence in its valuation to investors, while providing additional liquidity management flexibility.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £3085.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.
Spark’s Take on IMI Stock
According to Spark, TipRanks’ AI Analyst, IMI is a Outperform.
The score is driven primarily by strong financial performance (rising margins, strong ROE, and improving leverage), offset by weaker near-term technical momentum and a valuation that is not notably cheap given a modest dividend yield.
To see Spark’s full report on IMI stock, click here.
More about IMI plc
IMI plc is a UK-based engineering group that designs and manufactures specialist flow control products and systems. The company serves industrial customers globally, helping to manage the precise movement of fluids and gases across sectors such as energy, process industries and factory automation.
Average Trading Volume: 1,223,939
Technical Sentiment Signal: Buy
Current Market Cap: £6.83B
For detailed information about IMI stock, go to TipRanks’ Stock Analysis page.