tiprankstipranks
Advertisement
Advertisement

IMI Continues Buyback Programme With May Share Repurchase

Story Highlights
IMI Continues Buyback Programme With May Share Repurchase

Claim 55% Off TipRanks

An update from IMI plc ( (GB:IMI) ) is now available.

IMI plc has continued its share buyback activity, repurchasing 108,862 ordinary shares on 5 May 2026 at an average price of 2,728.4219 pence per share for cancellation. The transaction, executed through J.P. Morgan Securities on the London Stock Exchange, reduces the total shares in issue to 253,878,142 and leaves 241,229,306 voting rights once treasury shares are excluded, marginally enhancing earnings per share and signalling ongoing capital management discipline.

The company’s latest repurchase follows its established programme under market abuse regulations, with detailed trade data disclosed to ensure transparency for investors. By shrinking its free float and maintaining a sizeable treasury position of 12,648,836 shares, IMI retains flexibility for future corporate actions while potentially supporting its share price and returning capital to shareholders in a measured way.

The most recent analyst rating on (GB:IMI) stock is a Hold with a £2700.00 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 U.K.-listed engineering group focused on fluid and motion control technologies, supplying precision flow control solutions to industrial, energy and automation markets worldwide. Its products and systems support mission-critical operations across a range of sectors, including manufacturing, process industries and infrastructure.

Average Trading Volume: 1,405,943

Technical Sentiment Signal: Buy

Current Market Cap: £6.58B

Find detailed analytics on IMI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1