Imperial Brands (GB:IMB) has released an update.
Imperial Brands PLC has announced the repurchase and subsequent cancellation of 11,218 of its ordinary shares at an average price of GBp 2,095.617 each, as part of its GBP 1.1 billion share repurchase program initiated in October 2023. This buyback will reduce the total number of ordinary shares in issue to 854,579,278. The transaction was conducted through Barclays Capital Securities Limited and is in line with the company’s efforts to return value to its shareholders.
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