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An update from IMI plc ( (GB:IMI) ) is now available.
IMI plc, a company involved in the engineering sector, announced the repurchase of 54,540 of its ordinary shares on July 23, 2025, at an average price of 2,191.2049 pence per share. This transaction, executed through J.P. Morgan Securities plc, is part of the company’s ongoing share buyback program, which aims to enhance shareholder value by reducing the number of shares in circulation. Following the cancellation of these shares, IMI’s total number of ordinary shares in issue will be 259,799,004, with 12,648,836 shares held in treasury, resulting in 247,150,168 voting rights. This strategic move is expected to positively impact the company’s market positioning and shareholder returns.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £2205.00 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 GB:IMI Stock
According to Spark, TipRanks’ AI Analyst, GB:IMI is a Outperform.
IMI plc’s strong technical analysis and positive corporate events are the most significant factors contributing to the high score. While the financial performance is solid, slight concerns around valuation and leverage temper the overall outlook slightly. The absence of earnings call data does not impact the score but could provide further insights in the future.
To see Spark’s full report on GB:IMI stock, click here.
More about IMI plc
Average Trading Volume: 847,664
Technical Sentiment Signal: Buy
Current Market Cap: £5.32B
For an in-depth examination of IMI stock, go to TipRanks’ Overview page.