IMI, GB00B1905F76

IMI stock eases after a 98,000-share buyback update

Published on 09/14/2026 at 20:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IMI stock closed at GBP 11.70 on September 11, 2026, after a 0.4 percent drop. TipRanks says the company repurchased 98,000 shares at 3,024.3682 pence each.

IMI, GB00B1905F76, Illustration mit AI erstellt.

IMI stock (GB00B1905F76) closed at GBP 11.70 on the London Stock Exchange on September 11, 2026, down 0.4 percent from the prior close of GBP 11.75. TipRanks said on September 14, 2026 that IMI plc repurchased 98,000 ordinary shares at a volume-weighted average price of 3,024.3682 pence and cancelled them.

Buyback trims share count

According to TipRanks, the latest transaction reduced IMI's shares in issue to 249,038,032, of which 11,648,836 were held in treasury, leaving 237,389,196 voting rights. The same report put the stock's market capitalization at GBP 7.16 billion and listed average trading volume of 843,689 shares.

The buyback price of 3,024.3682 pence also gives the shares a clear premium to the September 11 close of GBP 11.70, underlining how the company is still returning cash while the stock trades well below 12 pounds.

Price stays in range

On September 11, 2026, IMI traded between its reported day low and high and stayed inside its 52-week band, while the FTSE 100 ended fractionally higher, according to ad hoc news. The same report said the stock underperformed the index by 0.4 percent that session.

For investors, the key point is that a modest daily move and an ongoing buyback can coexist, but the shares were still trading in the middle of their annual range on September 11, 2026.

Closing level

IMI stock last closed at GBP 11.70 on September 11, 2026, on the London Stock Exchange. The share price stood 0.4 percent below the prior close and remained above the 52-week low, with the market cap at GBP 7.16 billion.