IMI plc Updates on Share Capital and Voting Rights

The latest update is out from IMI plc ( (GB:IMI) ).

IMI plc announced its current issued share capital, consisting of 259,598,917 ordinary shares, with 12,648,836 held in Treasury. This results in a total of 246,950,081 voting rights, which shareholders can use as a denominator for regulatory compliance under the FCA’s Disclosure and Transparency Rules. This update is crucial for stakeholders to understand their shareholding and voting power within the company.

The most recent analyst rating on (GB:IMI) stock is a Buy with a £2315.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.

Spark’s Take on GB:IMI Stock

According to Spark, TipRanks’ AI Analyst, GB:IMI is a Outperform.

IMI plc’s overall stock score reflects a strong financial performance, supported by bullish technical indicators. The company’s strategic share buybacks enhance shareholder value, although the high P/E ratio suggests potential overvaluation. The absence of recent earnings call data limits the assessment in that area.

To see Spark’s full report on GB:IMI stock, click here.

More about IMI plc

IMI plc operates within the engineering sector, focusing on the design and manufacture of innovative engineering solutions for various industries. The company is known for its expertise in fluid control systems and other high-precision engineering products, serving a global market with a strong emphasis on technological advancement and customer-centric solutions.

Average Trading Volume: 817,334

Technical Sentiment Signal: Buy

Current Market Cap: £5.47B

Find detailed analytics on IMI stock on TipRanks’ Stock Analysis page.