Imperial Brands (GB:IMB) has released an update.
Imperial Brands PLC has announced the repurchase and cancellation of 100,000 of its ordinary shares for GBP 2,150.47 each on August 28, 2024, as part of its GBP 1.1 billion share repurchase program initiated last year. This transaction is expected to reduce the number of outstanding shares, with the new total being 850,098,962 ordinary shares. The repurchase was conducted through Barclays and aligns with the regulations of the London Stock Exchange.
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