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IN BRIEF: IMI launches first half of GBP500 million buyback programme

9th Mar 2026 09:59

IMI PLC - Birmingham, England-based engineering firm - Says it is beginning the first GBP250 million tranche of its GBP500 million buyback programme to reduce share capital. Appoints JPMorgan Securities PLC to carry out the first tranche. Expects the entire programme to conclude by the end of 2026.

Current stock price: 2,734.00 pence, down 2.8% on Monday morning in London

12-month change: up 36%

By Martin Miraglia, Alliance News reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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IMI
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Value10,249.52
Change-35.23