IMI plc (GB:IMI) has released an update.
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IMI plc has announced the repurchase of 132,509 of its own shares on October 4, 2024, for cancellation, with the transaction conducted through J.P. Morgan Securities plc. The shares were bought at an average price of 1,806.5375 pence, affecting the total number of voting rights, which will now stand at 257,602,037. This share buyback is part of the company’s effort to manage its share capital effectively.
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