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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 continued its share repurchase program, buying back 160,000 ordinary shares for cancellation on July 15, 2024, at an average price of GBp 2,069.54 each. This move is part of their GBP 1.1 billion buyback initiative announced in October 2023, aimed at reducing the outstanding share count, which will subsequently be 855,257,318 shares. The transaction was conducted on the London Stock Exchange via Barclays.

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

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