IMI plc starts £500 million buyback after strong 2025 results as shares slip
IMI began a £250 million share buyback on Monday, managed by J.P. Morgan Securities, with shares to be cancelled. The company reported 2025 revenue up 4% to £2.304 billion and a 20.0% adjusted operating margin. IMI expects a sixth year of mid-single-digit organic growth in 2026. Shares fell 3.1% Monday as the FTSE 100 hit a five-week low.