IMI PLC - Birmingham, England-based engineering - Commissions JP Morgan Securities to conduct the remaining GBP100 million of the GBP200 million share buyback programme it announced in February. The first tranche was run by Numis Securities. IMI expects to complete the buyback by September 30.
Current stock price: 1,950.00 pence, up 1.1% in London on Tuesday
12-month change: up 4.0%
By Tom Waite, Alliance News editor
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IMI (IMI)
