Imperial Brands (GB:IMB) has released an update.
Imperial Brands PLC has announced the buyback and cancellation of 9,345 of its ordinary shares as part of a GBP 1.1 billion share repurchase program initiated on October 5, 2023. The transaction, which took place on September 23, 2024, through Barclays, will reduce the total number of ordinary shares in issue to 847,188,614. This move could potentially affect shareholders’ notification obligations under the Disclosure Guidance and Transparency Rules.
For further insights into GB:IMB stock, check out TipRanks’ Stock Analysis page.