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The latest announcement is out from IMI plc ( (GB:IMI) ).
IMI plc has repurchased 103,200 of its ordinary shares on 20 April 2026 via J.P. Morgan Securities at an average price of 2,883.8385 pence per share, with a range between 2,870.0000p and 2,896.0000p. The transaction, executed mainly on the London Stock Exchange, forms part of the company’s ongoing share buyback activity and reflects a continued focus on returning capital to shareholders.
Following cancellation of the repurchased shares, IMI’s total shares in issue will fall to 254,926,327, of which 12,648,836 are held in treasury. This reduces the number of voting rights to 242,277,491, marginally increasing existing investors’ proportional ownership and potentially supporting earnings per share over time.
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 UK-listed industrial engineering group that designs and manufactures specialist flow control products and systems. Its technologies are used across sectors such as energy, transportation and industrial automation, with its shares traded on the London Stock Exchange.
Average Trading Volume: 1,295,667
Technical Sentiment Signal: Buy
Current Market Cap: £6.79B
For detailed information about IMI stock, go to TipRanks’ Stock Analysis page.