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IMI plc Executes Share Buyback and Cancellation

IMI plc Executes Share Buyback and Cancellation

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

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IMI plc has announced the buyback and cancellation of 99,565 of its ordinary shares on September 16, 2024, through Merrill Lynch International, at a volume weighted average price of 1,827.10p per share. The transaction has led to a reduction in the total number of ordinary shares in issue to 272,703,440, with the total voting rights in the company now standing at 259,054,604. The shares were bought back from various trading venues including the London Stock Exchange and Chi-X.

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

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