tiprankstipranks
Imperial Brands Advances Share Buyback Plan
Company Announcements

Imperial Brands Advances Share Buyback Plan

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

Imperial Brands PLC, on June 24, 2024, bought back and plans to cancel 9,694 of its ordinary shares for GBp 2,041.69 each on average, as part of its GBP 1.1 billion share repurchase program announced last October. This transaction, brokered by Barclays, will reduce the total number of ordinary shares in issue to 857,801,300. Shareholders may use this new figure as the denominator for their notification obligations regarding shareholding changes.

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

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles