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IMI plc Executes Share Buy-back and Cancellation

IMI plc Executes Share Buy-back and Cancellation

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

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IMI plc has announced the buy-back and cancellation of 87,197 of its own ordinary shares on September 10, 2024, at an average price of 1,782.27p per share, affecting the total number of voting rights in the company. This financial move, executed through Merrill Lynch International, results in a decrease of total shares in issue to 273,087,870 and a revised total of voting rights to 259,439,034. The transaction was spread across several trading venues including the London Stock Exchange and alternative platforms like Chi-X and BATS.

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

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