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LSE:IMI 17 February 2026 - 10 March 2026

IMI plc starts £500 million buyback after strong 2025 results as shares slip

IMI plc starts £500 million buyback after strong 2025 results as shares slip

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. This step lands now, putting some real action behind the buyback just as sentiment across markets sours. London’s FTSE 100 wrapped up Monday at a five-week low. IMI shares dropped 3.1%, even though net debt sits at 1.0 times EBITDA—right at the low end of the group’s target.
10 March 2026
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