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IMI plc Completes Share Buyback for Cancellation

IMI plc Completes Share Buyback for Cancellation

IMI plc (GB:IMI) has released an update.

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IMI plc has announced the repurchase of 142,013 of its own ordinary shares on October 11, 2024, at an average price of 1,800.5552 pence per share for cancellation. Post transaction, the total number of ordinary shares in issue will stand at 270,556,280, with the total voting rights in the company reduced to 256,907,444. The shares were bought via J.P. Morgan Securities plc on trading venues such as the London Stock Exchange and BATS (BXE).

For further insights into GB:IMI stock, check out TipRanks’ Stock Analysis page.

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