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Imperial Brands ( (GB:IMB) ) has provided an update.
Imperial Brands PLC has announced the repurchase and cancellation of 253,189 of its ordinary shares as part of its GBP 1.25 billion share buyback program. This transaction, conducted through Morgan Stanley, will reduce the total number of ordinary shares in issue to 836,914,817, impacting shareholder calculations under the Disclosure Guidance and Transparency Rules.
More about Imperial Brands
Imperial Brands PLC operates in the tobacco industry, focusing primarily on the manufacture and sale of cigarettes, tobaccos, and other related products. The company has a significant market presence in various global regions, offering a wide range of tobacco products to consumers.
YTD Price Performance: 51.54%
Average Trading Volume: 2,270,954
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £21.32B
For an in-depth examination of IMB stock, go to TipRanks’ Stock Analysis page.
