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IN BRIEF: IMI begins second half of GBP500 million share buyback

6th Aug 2026 14:59

IMI PLC - Birmingham, England-based engineering firm - Starts on Thursday the GBP250 million second half of its GBP500 million share buyback programme, having completed the first half in late June. The second tranche will be run by Deutsche Numis after the first was run by JP Morgan Securities PLC. It will be completed by December 31, and the repurchased shares will be cancelled.

Current stock price: 3,115.00 pence, up 1.0% in London on Thursday

12-month change: up 41%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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IMI
FTSE 100 Latest
Value10,872.94
Change-15.36