Imperial Brands (GB:IMB) has released an update.
Imperial Brands PLC has announced the repurchase and cancellation of 120,000 of its own ordinary shares as part of its GBP 1.1 billion share repurchase program initiated last year. The transaction was brokered by Barclays Capital Securities Limited and resulted in a reduced total of ordinary shares to 852,362,142. This buy-back activity reflects the company’s strategy to return value to its shareholders.
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