Imperial Brands (GB:IMB) has released an update.
Imperial Brands PLC has announced the repurchase and cancellation of 249,851 of its ordinary shares at an average price of GBp 2,150.77 each, as part of its GBP 1.1 billion share buyback program initiated in October 2023. This transaction occurred on October 3, 2024, through Barclays, and post-cancellation, the company’s total issued shares will reduce to 845,532,627. The repurchase is in line with the company’s efforts to return value to its shareholders.
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