Imperial Brands (GB:IMB) has released an update.
Imperial Brands PLC has announced the repurchase and cancellation of 32,080 of its ordinary shares at an average price of GBp 2,174.76 each, as part of its GBP 1.1 billion share buyback program initiated last October. Following the transaction, completed through Barclays on the London Stock Exchange, the total number of remaining shares in issue will stand at 849,936,882. This move is expected to potentially impact shareholders’ notification obligations under the Disclosure Guidance and Transparency Rules.
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