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Imperial Brands Advances Share Buyback Plan
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Imperial Brands Advances Share Buyback Plan

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

On June 25, 2024, Imperial Brands PLC executed a significant step in its share repurchase program by buying back 185,000 ordinary shares for cancellation, reflecting its GBP 1.1 billion scheme unveiled in October 2023. The purchase, conducted through Barclays on the London Stock Exchange, will reduce the number of ordinary shares in issue to 857,616,300. This action represents Imperial Brands’ ongoing commitment to capital returns for its shareholders.

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

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