Imperial Brands Advances Buyback with Share Cancellation
Company Announcements

Imperial Brands Advances Buyback with Share Cancellation

Imperial Brands (GB:IMB) has released an update.

Imperial Brands PLC has announced a significant step in its share repurchase program by buying back 170,000 of its own ordinary shares for cancellation on July 23, 2024. The transaction, part of a GBP 1.1 billion buyback initiative that started in October 2023, involved an average purchase price of GBp 2,115.80 per share. Post-cancellation, the updated number of ordinary shares in issue stands at 854,409,278.

For further insights into GB:IMB stock, check out TipRanks’ Stock Analysis page.

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