LSE:IMI 17 February 2026 - 10 March 2026

IMI kicked off its initial £250 million share buyback on Monday, just days after the British engineering firm announced the £500 million plan alongside its annual results. J.P. Morgan Securities is handling the first phase, according to a regulatory filing, with the programme set to run until Dec. 31, 2026, at the latest.

IMI plc shares edged down 0.35% to 2,810 pence as of 0906 GMT on Tuesday. Investors are taking positions ahead of the British engineer's full-year earnings, which are due out March 6. The company supplies fluid- and motion-control components for energy, automation, and healthcare.