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IMI plc
(LSE:IMI)
IMI plc (IMI) vs. iShares MSCI United Kingdom ETF (EWC)
IMI plc Business Overview & Revenue Model
IMI plc Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 2.21B | 2.20B | 2.05B | 1.87B | 1.82B | 1.87B | Gross Profit |
| 1.00B | 1.01B | 900.40M | 836.20M | 790.50M | 793.80M | EBIT |
| 386.10M | 318.60M | 339.20M | 299.10M | 263.90M | 243.20M | EBITDA |
| 473.00M | 457.60M | 431.40M | 358.60M | 340.20M | 316.80M | Net Income Common Stockholders |
| 253.30M | 237.30M | 226.30M | 196.30M | 170.20M | 156.10M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 108.20M | 108.20M | 135.00M | 97.50M | 211.00M | 91.80M | Total Assets |
| 2.47B | 2.47B | 2.52B | 2.17B | 1.98B | 1.85B | Total Debt |
| 745.10M | 745.10M | 945.00M | 717.40M | 524.10M | 526.00M | Net Debt |
| 638.60M | 638.60M | 812.00M | 622.80M | 316.20M | 437.80M | Total Liabilities |
| 1.44B | 1.44B | 1.61B | 1.39B | 1.18B | 1.14B | Stockholders Equity |
| 1.03B | 1.03B | 905.60M | 779.10M | 799.50M | 709.90M |
| Cash Flow | Free Cash Flow | ||||
| 260.90M | 283.30M | 193.20M | 199.60M | 267.30M | 234.10M | Operating Cash Flow |
| 345.90M | 363.20M | 264.50M | 257.10M | 318.00M | 299.90M | Investing Cash Flow |
| -62.60M | -69.10M | -278.00M | -234.40M | -73.00M | -110.00M | Financing Cash Flow |
| -239.00M | -276.40M | 24.50M | -109.40M | -146.60M | -209.40M |
IMI plc Technical Analysis
IMI plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £4.86B | 20.15 | 23.50% | 1.58% | 0.64% | 4.92% | |
77 Outperform | £7.11B | 24.04 | 13.99% | 2.06% | 6.10% | 33.05% | |
72 Outperform | £4.26B | 22.30 | 16.16% | 2.81% | -1.03% | 4.06% | |
72 Outperform | £2.59B | 25.46 | 17.03% | 2.50% | 4.91% | -7.75% | |
70 Neutral | £6.10B | 19.55 | 17.83% | 1.67% | -4.95% | 36.95% | |
64 Neutral | $4.39B | 11.81 | 5.17% | 249.38% | 3.98% | -12.17% | |
58 Neutral | £5.89B | ― | -1.53% | 1.30% | 3.52% | -24.01% |
IMI plc Corporate Events
IMI plc, a company involved in the engineering industry, announced the repurchase of 135,000 of its own ordinary shares for cancellation at an average price of 1,933.4741 pence per share. This transaction, conducted through Numis Securities Limited, reduces the total number of ordinary shares in issue to 264,567,779, with 12,648,836 shares held in treasury. The move is part of IMI’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £2205.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.
IMI plc has announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 1,970.0399 pence per share. This transaction, conducted through Numis Securities Limited, reduces the company’s total number of ordinary shares in issue to 264,702,779, with 12,648,836 shares held in treasury, affecting the total number of voting rights to 252,053,943.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £2205.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.
IMI plc, a company involved in the engineering sector, has announced the purchase and cancellation of 81,449 of its ordinary shares at an average price of 1,992.2617 pence per share. This transaction, executed through Numis Securities Limited, reduces the total number of ordinary shares in issue to 264,827,625, with 12,648,836 shares held in treasury. The move is part of IMI’s strategy to manage its capital structure and could potentially enhance shareholder value by reducing the number of shares outstanding, thereby increasing earnings per share.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £2205.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.
IMI plc, a company operating in the engineering sector, announced the repurchase and cancellation of 125,000 of its ordinary shares at an average price of 1,973.1841 pence per share. This transaction, conducted through Numis Securities Limited, reduces the total number of voting rights in the company to 252,260,238, potentially enhancing shareholder value and signaling confidence in the company’s financial health.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £2205.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.
IMI plc, a company operating in the engineering sector, has announced a significant transaction involving the repurchase of its own shares. On May 16, 2025, the company bought back 125,000 ordinary shares at an average price of 1,971.9583 pence per share, with the highest price paid being 1,978.00 pence and the lowest at 1,964.00 pence. This move reduces the total number of shares in issue to 265,034,074, with 252,385,238 voting rights remaining. This strategic share buyback could potentially enhance shareholder value by reducing the number of shares in circulation, thereby increasing earnings per share and signaling confidence in the company’s financial health.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £2205.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.
IMI plc has repurchased 25,733 of its ordinary shares for cancellation at an average price of 1,936.0401 pence per share. This transaction, executed through Numis Securities Limited, reduces the company’s total number of shares in issue to 265,159,074, with 252,510,238 voting rights remaining, potentially enhancing shareholder value and optimizing capital structure.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £2205.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.
IMI plc, a company involved in the manufacturing sector, announced the purchase and cancellation of 91,321 of its ordinary shares at an average price of 1,924.3954 pence per share. This transaction, executed through Numis Securities Limited, reduces the total number of shares in issue to 265,184,807, with 252,535,971 voting rights remaining. The move is part of IMI’s ongoing share buyback program, which aims to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and improving market perception.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £2340.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.
IMI plc announced transactions involving its top executives, including the CEO, CFO, and Chief People Officer, who have purchased shares through the company’s Employee Share Ownership Plan. These transactions, conducted on the London Stock Exchange, reflect the executives’ confidence in the company’s future performance and align their interests with those of the shareholders.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £2205.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.
IMI plc, a company involved in the engineering sector, has announced the repurchase of 66,364 of its ordinary shares for cancellation at an average price of 1,914.7299 pence per share. This transaction, conducted through Numis Securities Limited, is part of the company’s strategy to manage its share capital and potentially enhance shareholder value. Following this buyback, the total number of voting rights in the company will be 252,627,167. This move may impact the company’s market position by potentially increasing the value of remaining shares and demonstrating confidence in its financial health.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £2205.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.
IMI plc announced the repurchase and cancellation of 56,745 of its ordinary shares at an average price of 1,905.6006 pence per share. This transaction reduces the total number of ordinary shares in issue to 265,341,726, with 252,692,890 voting rights remaining, potentially enhancing shareholder value by consolidating ownership.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £2205.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.
IMI plc announced the repurchase and cancellation of 130,000 ordinary shares at an average price of 1,875.3565 pence per share. This transaction reduces the total number of shares in circulation, potentially enhancing shareholder value and reflecting the company’s confidence in its financial position.
IMI plc announced the repurchase of 100,000 of its ordinary shares for cancellation at an average price of 1,878.9366 pence per share. This transaction reduces the total number of shares in circulation, potentially increasing shareholder value and reflecting the company’s confidence in its financial health and future prospects.
IMI plc, a company involved in engineering and manufacturing, announced that all resolutions were passed at its annual general meeting, with significant shareholder support. Notably, Special Resolution B, concerning the authority to allot securities for cash for specific financing, was approved with a 78.25% majority. The board will continue engaging with shareholders to align on governance matters and will publish a statement within six months detailing the outcomes of these engagements.
IMI plc has reconfirmed its full-year guidance for 2025, expecting mid-single digit organic revenue growth despite a 3% decline in organic revenue in the first quarter. The company reported strong momentum in the Process Automation Aftermarket with a 19% increase in orders, while the Transport sector is under strategic review to assess its alignment with IMI’s financial targets. The strategic review reflects IMI’s disciplined capital allocation approach and its commitment to delivering shareholder value, as evidenced by a £200m share buyback. The company remains confident in its growth strategy and its ability to navigate the evolving external environment.
IMI plc, a company involved in the engineering sector, announced the repurchase and cancellation of 125,000 of its ordinary shares at an average price of 1,787.3072 pence per share. This transaction, executed through Numis Securities Limited, will reduce the total number of ordinary shares in issue to 265,628,471, with 12,648,836 shares held in treasury. The move is part of IMI’s ongoing strategy to manage its capital structure and could potentially enhance shareholder value by reducing the number of shares outstanding.
IMI plc, a company involved in engineering solutions, announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 1,807.9832 pence per share. This transaction, conducted through Numis Securities Limited, reduces the total number of shares in issue to 265,753,362, with 253,104,526 voting rights remaining. The buyback reflects IMI’s strategy to manage its capital structure and potentially enhance shareholder value.
IMI plc announced the purchase and cancellation of 125,000 of its ordinary shares at an average price of 1,777.0597 pence per share on April 25, 2025. This corrective announcement updates the company’s total number of shares in issue and voting rights, which are now 266,019,350 and 253,370,514 respectively, reflecting the company’s ongoing share buyback program.
IMI plc announced its current issued share capital, consisting of 266,003,362 ordinary shares, with 12,648,836 held in treasury, resulting in a total of 253,354,526 voting rights. This information is crucial for shareholders to determine their notification obligations under the FCA’s Disclosure and Transparency Rules, impacting how they manage their interests in the company.
IMI plc, a UK-based company, has announced a change in its major holdings, with BlackRock, Inc. crossing a significant threshold in its voting rights. BlackRock now holds a total of 5% of voting rights in IMI plc, combining direct and indirect holdings, which may influence the company’s governance and strategic decisions.
IMI plc has announced the repurchase of 125,000 of its own ordinary shares for cancellation at an average price of 1,789.1364 pence per share. This transaction, conducted through Numis Securities Limited, is part of the company’s strategy to manage its capital structure and enhance shareholder value, reducing the total number of shares in issue and potentially increasing the earnings per share for remaining shareholders.
IMI plc, a company involved in engineering and manufacturing, announced the repurchase of 125,000 of its own shares for cancellation at an average price of 1,747.0140 pence per share. This transaction, executed through Numis Securities Limited, reduces the total number of ordinary shares in issue to 266,144,350, with 12,648,836 shares held in treasury. The move is part of IMI’s ongoing strategy to optimize its capital structure and potentially enhance shareholder value.
IMI plc has announced the purchase and cancellation of 125,000 of its ordinary shares at an average price of 1,734.7387 pence per share, as part of its ongoing share buyback program. This transaction reduces the total number of shares in issue and is likely aimed at enhancing shareholder value by improving earnings per share and optimizing the company’s capital structure.
IMI plc has announced the repurchase of 124,587 of its ordinary shares for cancellation, at an average price of 1,670.7804 pence per share, as part of its ongoing efforts to manage its capital structure. This transaction will reduce the total number of ordinary shares in issue to 266,393,212 and adjust the total voting rights to 253,744,376, potentially enhancing shareholder value and optimizing the company’s financial position.
IMI plc announced the repurchase of 125,000 of its ordinary shares at an average price of 1,686.0002 pence per share, as part of its ongoing share buyback program. This transaction, conducted through Numis Securities Limited, reduces the total number of shares in issue, potentially enhancing shareholder value and signaling confidence in the company’s financial health.
IMI plc, a company involved in the engineering sector, announced the repurchase and cancellation of 125,000 of its ordinary shares at an average price of 1,698.5540 pence per share. This transaction reduces the total number of shares in issue to 266,642,799, with 253,993,963 voting rights remaining. The repurchase was executed through Numis Securities Limited across multiple trading venues, reflecting the company’s strategy to manage its capital structure efficiently.
IMI plc, a company involved in the engineering sector, announced the repurchase of 93,999 of its ordinary shares through Numis Securities Limited for cancellation at an average price of 1,731.6448 pence per share. This transaction reduces the total number of ordinary shares in issue to 266,767,799, with 12,648,836 shares held in treasury, resulting in 254,118,963 voting rights. The repurchase is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
IMI plc has announced the repurchase of 87,916 of its ordinary shares for cancellation at an average price of 1691.8455 pence per share. This transaction reduces the total number of ordinary shares in issue to 266,861,798, with 12,648,836 shares held in treasury, impacting the total voting rights to 254,212,962. This move is part of IMI’s ongoing strategy to manage its capital structure and potentially enhance shareholder value.
IMI plc, a company listed on the London Stock Exchange, announced the repurchase of 125,000 of its own ordinary shares for cancellation at an average price of 1647.7388 pence per share. This transaction, conducted through Numis Securities Limited, is part of the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value. Following the cancellation of these shares, the total number of voting rights in the company will be reduced to 254,300,878, reflecting the company’s commitment to optimizing its share capital.
IMI plc has announced the allocation of 16,130 ordinary shares to eligible UK employees under its Employee Share Ownership Plan (ESOP). This initiative allows employees to receive shares at market value, enhancing employee engagement and aligning their interests with the company’s performance. The shares, awarded at a price of £16.706875 each, are held in trust until the employee leaves or sells them, with varying tax implications based on the duration they are held. This move reflects IMI plc’s commitment to rewarding its workforce and could positively impact employee retention and motivation. Key managerial figures, including the CEO, CFO, and other executives, participated in this share allocation, highlighting the company’s inclusive approach to employee ownership.
IMI plc has announced the repurchase of 50,000 of its ordinary shares for cancellation at an average price of 1671.0403 pence per share. This transaction, conducted through Numis Securities Limited, is part of the company’s ongoing strategy to manage its capital structure. Following this buyback, the total number of shares in issue will be reduced, potentially increasing the value for remaining shareholders and reflecting the company’s confidence in its financial health.
IMI plc announced transactions involving its senior executives under the IMI Employee Share Ownership Plan. CEO Roy Twite, CFO Daniel Shook, and Chief People Officer Elizabeth Rose purchased ordinary shares on April 8, 2025, at the London Stock Exchange. These transactions reflect the executives’ commitment to the company’s growth and align their interests with shareholders, potentially strengthening stakeholder confidence.
IMI plc announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 1630.0853 pence per share. This transaction reduces the total number of ordinary shares in issue to 267,108,584, with 12,648,836 shares held in treasury, affecting the total voting rights to 254,459,748. The share buyback reflects the company’s strategy to optimize its capital structure and may enhance shareholder value by reducing share count, potentially increasing earnings per share.
IMI plc has announced that Victoria Hull, a Non-Executive Director since August 2024, will become the Chair of the Remuneration Committee effective 8 May 2025, pending her election at the AGM. This leadership change reflects IMI’s commitment to strong governance practices, as Hull meets the UK Corporate Governance Code requirements for the role. The company expressed gratitude to Caroline Dowling for her previous service in this position.
IMI plc, a company involved in the engineering sector, announced the repurchase of 125,000 of its own ordinary shares for cancellation at an average price of 1673.6779 pence per share. This transaction, conducted through Numis Securities Limited, will reduce the total number of ordinary shares in issue to 267,228,923, with 12,648,836 shares held in treasury. The buyback is part of IMI’s strategy to manage its capital structure and could potentially enhance shareholder value by reducing the number of shares outstanding.
IMI plc has announced that Jackie Callaway, who serves as a Non-executive Director and Audit Committee Chair, will be taking on the role of Chief Financial Officer at Howden Joinery Group Plc starting June 2, 2025. This move is significant as it highlights a leadership transition within IMI plc, potentially affecting its strategic operations and stakeholder interests.
IMI plc announced a share buyback program where it purchased 125,000 of its ordinary shares for cancellation at an average price of 1619.557 pence per share. This transaction reduces the total number of shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s confidence in its financial health.
IMI plc has announced its current issued share capital consists of 267,846,793 ordinary shares, with 12,648,836 held in Treasury, resulting in 255,197,957 total voting rights. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure and Transparency Rules, impacting how they manage their interests in the company.
IMI plc, a company involved in the engineering sector, announced the repurchase and cancellation of 125,000 of its ordinary shares at an average price of 1886.1842 pence per share. This transaction, executed through Numis Securities Limited, reduces the total number of shares in issue to 267,471,793, with 12,648,836 shares held in treasury, impacting the total voting rights to 254,822,957. The repurchase is part of IMI’s ongoing strategy to manage its capital structure and enhance shareholder value.
IMI plc announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 1915.928 pence per share. This transaction reduces the total number of ordinary shares in issue to 267,596,793 and the total number of voting rights to 254,947,957, potentially enhancing shareholder value by decreasing the number of shares outstanding.
IMI plc has released its 2024 Annual Report and Accounts, along with the Notice of the 2025 Annual General Meeting, to its shareholders. These documents are accessible online and have been submitted to the National Storage Mechanism, ensuring compliance with UK Listing Rules. The upcoming AGM is scheduled for May 8, 2025, in Birmingham, indicating the company’s commitment to transparency and shareholder engagement.
IMI plc announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 1955.2888 pence per share. This transaction, executed through Numis Securities Limited, is part of the company’s ongoing strategy to manage its capital structure and enhance shareholder value. Following this buyback, the total number of voting rights in the company will be adjusted to 255,072,957, reflecting a strategic move to optimize its financial position and potentially impact its market valuation positively.
IMI plc has announced the repurchase of 100,000 of its ordinary shares through Numis Securities Limited for cancellation, with an average purchase price of 1984.6588 pence per share. This transaction reduces the total number of ordinary shares in issue to 267,846,793, with 12,648,836 shares held in treasury, impacting the company’s voting rights and potentially influencing its market position.
IMI plc, a company involved in the engineering sector, announced the repurchase and cancellation of 125,000 of its ordinary shares at an average price of 1967.76 pence per share. This transaction, executed through Numis Securities Limited, reduces the total number of shares in issue to 267,944,129, with 12,648,836 shares held in treasury. The move is part of IMI’s ongoing efforts to optimize its capital structure and enhance shareholder value.
IMI plc, a company involved in the engineering sector, announced the repurchase and cancellation of 125,000 of its ordinary shares at an average price of 1961.9765 pence per share. This transaction, conducted through Numis Securities Limited, reduces the total number of shares in issue to 268,194,129 and the total voting rights to 255,545,293, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
IMI plc has announced a series of transactions involving the grant of performance share awards to key executives under the IMI Incentive Plan. These awards, which do not require any consideration for grant, vesting, or exercise, were allocated to several top executives, including the CEO, COO, Chief People Officer, and Chief Legal & Risk Officer. The transactions, conducted outside a trading venue, reflect the company’s commitment to aligning executive incentives with performance goals, potentially impacting shareholder value and executive retention.
IMI plc, a company involved in engineering solutions, announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 1989.3728 pence per share. This transaction, conducted through Numis Securities Limited, reduces the total number of shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s confidence in its financial position.
IMI plc, a company operating in the engineering sector, announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 2020.5068 pence per share. This transaction, executed through Numis Securities Limited, is part of the company’s ongoing strategy to manage its share capital and potentially enhance shareholder value by reducing the number of shares in circulation, which may impact the company’s market positioning and voting rights structure.
IMI plc, a company involved in the engineering sector, announced the repurchase of 50,626 of its own ordinary shares for cancellation at an average price of 2007.3695 pence per share. This transaction, conducted through Numis Securities Limited, is part of the company’s ongoing strategy to manage its share capital and potentially enhance shareholder value by reducing the number of shares in circulation. The completion of this buyback reduces the total number of shares in issue to 268,551,783, with 255,902,947 voting rights remaining.
IMI plc, a company involved in various industrial sectors, has announced the repurchase of 125,000 of its own ordinary shares for cancellation at an average price of 1972.9232 pence per share. This transaction, executed through Numis Securities Limited, will reduce the total number of shares in issue, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
IMI plc has announced a share buyback program, purchasing 90,000 of its ordinary shares for cancellation at an average price of 1973.5308 pence per share. This transaction reduces the total number of shares in issue to 268,727,409, with 256,078,573 voting rights remaining, potentially enhancing shareholder value and signaling confidence in the company’s financial health.
IMI plc has announced a series of transactions involving its senior management team, including the CEO, CFO, and other key executives. These transactions involve the exercise of performance share awards under the 2022 IMI plc Incentive Plan, with a portion of shares sold to cover tax and dealing costs, while the remaining shares are retained. This notification, in compliance with the Market Abuse Regulation, highlights the company’s commitment to transparency and regulatory adherence. The transactions, conducted on the London Stock Exchange, reflect the company’s ongoing efforts to align executive compensation with performance and shareholder interests.
IMI plc, a company involved in engineering and manufacturing, has announced a share buyback program. On March 13, 2025, the company repurchased 124,691 of its ordinary shares at an average price of 1959.7944 pence per share. This transaction reduces the total number of shares in circulation, potentially increasing the value of remaining shares and signaling confidence in the company’s financial health. The buyback was executed through Numis Securities Limited and involved transactions on various trading platforms including the London Stock Exchange, Chi-X, and BATS.
IMI plc announced that Jamie Pike, the company’s Chair, purchased 4,873 ordinary shares at a price of £20.535 per share on 4 March 2025. This transaction, conducted on the London Stock Exchange, underscores confidence in the company’s market position and potential growth, potentially reassuring stakeholders about the company’s future prospects.
IMI plc, a company involved in the engineering sector, has announced a share buyback program where it purchased 125,000 of its ordinary shares for cancellation at an average price of 1981.9187 pence per share. This transaction, executed through Numis Securities Limited, is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. Following the cancellation of these shares, IMI’s total number of ordinary shares in issue will be reduced, which may positively impact earnings per share and reflect confidence in the company’s financial health.
IMI plc announced that key executives, including the CEO, CFO, and Chief People Officer, have purchased shares as part of the IMI Employee Share Ownership Plan. This transaction, conducted on the London Stock Exchange, reflects the leadership’s confidence in the company’s future performance and aligns their interests with those of shareholders, potentially enhancing stakeholder trust and market perception.
IMI plc, a company involved in engineering and manufacturing, announced the repurchase and cancellation of 125,000 of its ordinary shares at an average price of 1988.4253 pence per share. This transaction reduces the total number of shares in issue to 269,065,134, with 12,648,836 shares held in treasury, impacting the total voting rights to 256,416,298. The share buyback reflects the company’s ongoing efforts to manage its capital structure and could potentially enhance shareholder value by reducing the number of shares outstanding.
IMI plc has announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 2015.3959 pence per share. This transaction, conducted through Numis Securities Limited, will reduce the total number of ordinary shares in issue to 269,190,134, with 256,541,298 voting rights remaining. The buyback is part of IMI’s ongoing strategy to manage its capital structure and enhance shareholder value.
IMI plc has announced a transaction involving the transfer of 1,000,000 of its own ordinary shares to the trustee of the IMI Employee Benefit Trust. This transfer reduces the percentage of its ordinary shares held in treasury to 4.92% of its total voting rights, impacting the company’s share structure and potentially affecting shareholder calculations under the Financial Conduct Authority’s Disclosure and Transparency Rules.
IMI plc, a UK-based company, has announced a change in its major holdings as Alecta Tjänstepension Ömsesidigt, a Swedish entity, has crossed a threshold by acquiring 3.03% of voting rights as of March 7, 2025. This acquisition could impact IMI plc’s shareholder structure and influence future corporate decisions, highlighting the importance of monitoring shareholder changes for stakeholders.
IMI plc, a company involved in the engineering sector, announced the repurchase and cancellation of 100,000 of its own ordinary shares at an average price of 2035.0126 pence per share. This transaction reduces the total number of shares in issue to 269,540,134, with 13,648,836 shares held in treasury, impacting the total voting rights to 255,891,298. This move is part of IMI’s strategy to manage its capital structure and potentially enhance shareholder value.
IMI plc announced the purchase and cancellation of 100,000 of its own ordinary shares at an average price of 2001.0328 pence per share. This transaction, conducted through Numis Securities Limited, is part of the company’s strategy to manage its share capital and potentially enhance shareholder value. Following this transaction, the total number of voting rights in the company will be 255,991,298.
IMI plc announced its current issued share capital as of 28 February 2025, consisting of 269,740,134 ordinary shares, with 13,648,836 held in Treasury. This results in a total of 256,091,298 voting rights available to shareholders, a figure crucial for compliance with the FCA’s Disclosure and Transparency Rules. This update is significant for stakeholders to assess their shareholding interests and any necessary notifications.
IMI plc announced a correction to the record date for its final dividend and confirmed the election date for its Dividend Reinvestment Plan (DRIP). The final dividend is set at 21.1p per share, an increase from the previous year, and will be paid on 16 May 2025 to shareholders registered by 4 April 2025. This announcement reflects the company’s commitment to returning value to shareholders and may influence investor sentiment positively.
IMI plc has announced a share buyback program valued at up to £200 million, set to run from February 28, 2025, to September 30, 2025. The initiative aims to reduce the company’s capital by repurchasing and cancelling shares, with the first £100 million tranche managed by Numis Securities Limited. This move aligns with the company’s strategic financial management and regulatory compliance, potentially impacting shareholder value and market perception.
IMI plc announced record profits for 2024, driven by a 4% organic sales growth and a 10% increase in adjusted operating profit. The company highlighted strong performances in process automation and climate control, despite softer market conditions in other sectors. IMI also announced a £200m share buyback and a 10% increase in the final dividend, reflecting confidence in future performance and strong cash generation. The company expects continued financial and strategic progress in 2025, with further margin improvements and a robust cash flow outlook.