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IMI plc announces share purchase and cancellation by Deutsche Numis

1 report, 1 independent Updated Fri 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

IMI plc announced that on November 5, 2026, Deutsche Numis purchased ordinary shares for cancellation through Deutsche Bank AG, London Branch. The shares were bought at an average price of 2,869.7283 pence per share. Following the cancellation, the total number of ordinary shares in issue for IMI plc will be 246,419,308.

From investegate.co.uk

Why it matters

Some supportBrind's analysis of the reports

The purchase and subsequent cancellation of shares reduces the total number of ordinary shares in issue for IMI plc. This corporate action changes the company's capital structure and the total number of voting rights available in the company.

From investegate.co.uk

Who's involved

  • IMI plcThe company executing the share buyback and cancellation
  • Jefferies Financial GroupProvides market coverage and ratings for IMI plc
  • Berenberg BankGerman private bank flagged as potentially affected by the corporate action
  • Jamie PikeServes as the Chair of IMI plc
  • London Stock ExchangeThe stock exchange where IMI plc is listed
  • ClaudioA director appointed to the IMI plc board

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The entities involved

Coverage

Newest first; wire copies grouped