IMI plc (GB:IMI) has released an update.
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IMI plc has announced the repurchase and subsequent cancellation of 91,941 of its own ordinary shares through Merrill Lynch International, at a volume weighted average price of 1,765.70p per share. This buyback has resulted in a reduction of the total number of ordinary shares in issue, leaving the company with 273,251,373 shares and 259,602,537 total voting rights post-cancellation. The transactions were executed across multiple trading venues, including the London Stock Exchange and other platforms.
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