IMI plc (GB:IMI) has released an update.
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IMI plc has executed a share buyback program, purchasing 107,070 of its ordinary shares for cancellation at an average price of 1,799.1455 pence per share. This move reduces the total number of shares in issue and aims to enhance shareholder value. The transaction was carried out through J.P. Morgan Securities plc on the London Stock Exchange and BATS.
For further insights into GB:IMI stock, check out TipRanks’ Stock Analysis page.
