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IMI plc Executes Share Buyback and Adjusts Capital

IMI plc Executes Share Buyback and Adjusts Capital

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

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IMI plc has purchased 93,299 of its own ordinary shares for cancellation, at an average price of 1,809.82 pence per share on August 27, 2024. The transactions were executed through Merrill Lynch International across various trading venues, resulting in a revised total of 260,210,598 voting rights post-cancellation. This buyback is part of the company’s effort to manage share capital effectively.

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

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