Imperial Brands (GB:IMB) has released an update.
Imperial Brands PLC has continued its share repurchase program by buying back 234,310 of its own ordinary shares for cancellation on October 2, 2024, at an average price of GBp 2,150.7676 per share. This repurchase is part of a larger GBP 1.1 billion plan announced last year, with the aim of reducing the number of shares in issue, now standing at 845,782,478. The transaction was brokered by Barclays and will affect shareholders’ notification obligations under the Disclosure Guidance and Transparency Rules.
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