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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 bought back and intends to cancel 388,426 of its ordinary shares as part of its GBP 1.1 billion share repurchase program announced last year. The shares were acquired through Barclays on the London Stock Exchange for an average price of GBp 2,054.19 each. Post-transaction, the company will have 854,868,892 ordinary shares remaining in issue.

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

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