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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.

Imperial Brands PLC has announced the repurchase and subsequent cancellation of 262,265 ordinary shares on June 26, 2024, as part of its GBP 1.1 billion share repurchase programme launched the previous year. The buyback took place via the London Stock Exchange at an average price of GBp 2,037.28 per share, with Barclays Capital Securities Limited acting as the broker. Following the cancellation, the total number of remaining shares in issue will be 857,354,035.

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

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