IN BRIEF: IMI says Deutsche to manage GBP250m buyback second tranche

IMI PLC - Birmingham, England-based engineering firm - Announces that, in connection with the share buyback of up to GBP500 million announced in March, the company enters into an agreement with Deutsche Bank AG, to manage the second GBP250m tranche of the programme. It is expected that the programme will end no later than the end of 2026.

Current stock price: 2,782.00 pence

12-month change: up 42%

By Jeremy Cutler, Alliance News reporter

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