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IMI plc ( (GB:IMI) ) has provided an announcement.
IMI plc has continued its share buyback activity, purchasing 335,644 ordinary shares for cancellation on 25 March 2026 at an average price of 2,712.3523 pence, through J.P. Morgan Securities on the London Stock Exchange and BATS venues. Following settlement and cancellation of these shares, IMI’s total shares in issue will be 257,436,882, of which 12,648,836 are held in treasury, leaving 244,788,046 voting rights outstanding, a move that marginally enhances earnings per share and may signal management’s confidence in the company’s valuation and cash generation.
The transactions were executed across both the London Stock Exchange and BATS (BXE), with a volume-weighted average price of £27.12 per share reported for each venue. By reducing its free float and consolidating its capital base, IMI continues to refine its capital structure, which can support shareholder returns over time and potentially improve metrics such as earnings per share and return on equity.
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 (improving margins, de-risking balance sheet, solid earnings quality) and a generally positive earnings call with reaffirmed guidance and strong orders. This is tempered by mixed near-term technical momentum and a valuation profile that looks only moderately attractive given the ~20 P/E and low 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 and motion control technologies for industrial customers worldwide. Its products serve sectors such as energy, transportation, and manufacturing, with a focus on improving efficiency, safety, and sustainability in demanding operating environments.
Average Trading Volume: 981,264
Technical Sentiment Signal: Buy
Current Market Cap: £6.62B
For detailed information about IMI stock, go to TipRanks’ Stock Analysis page.