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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 buyback and cancellation of 237,691 of its ordinary shares on July 9th, 2024, as part of its GBP 1.1 billion share repurchase program initiated in October the previous year. The shares were bought at an average price of GBp 2,051.518500, with transactions conducted through Barclays on the London Stock Exchange. This buyback will reduce the total number of ordinary shares in issue to 855,664,714, excluding treasury shares.

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

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