IMI shares rally after trading update. share buyback

IMI shares rally after trading update. share buyback By Investing.com

IMI shares rally after trading update. share buyback

By Samuel Indyk Investing.com – Shares in FTSE 250 company IMI PLC (LON:IMI) jumped as much as 12% after the company announced a new £200mln share buyback following a strong quarter. Group revenue was up 2.6% in Q1 versus the same quarter in 2019 to £421mln.

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