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IMI plc Reduces Share Count and Voting Rights

IMI plc Reduces Share Count and Voting Rights

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

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IMI plc has announced the repurchase and subsequent cancellation of 84,887 of its ordinary shares at an average price of 1,801.47 pence per share on 4 September 2024. This transaction was executed through Merrill Lynch International across various trading venues, which will result in a reduction of the total voting rights to 259,781,557 due to the decreased number of shares in issue. The company’s detailed transaction breakdown is available on the London Stock Exchange website.

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

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