Source - Alliance News

IMI PLC - Birmingham, England-based engineering - Commissions JP Morgan Securities to conduct the remaining £100 million of the £200 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%

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