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Imperial Brands ( (GB:IMB) ) just unveiled an announcement.
Imperial Brands PLC has implemented a share repurchase program, purchasing 63,874 ordinary shares for cancellation at an average price of GBp 2,600.30 per share. This move is part of a GBP 1.25 billion buyback initiative announced in late 2024, aimed at consolidating the company’s shareholding structure and potentially increasing shareholder value. Following this transaction, the total number of ordinary shares in issue will be 834,650,723, which is a key figure for stakeholders for interest notification requirements under regulatory guidelines.
More about Imperial Brands
Imperial Brands PLC is a company operating in the tobacco industry, primarily focused on the manufacturing and sale of tobacco products and related services. The company is also involved in managing a diverse portfolio of brands and strives to maintain a significant presence in the global market.
YTD Price Performance: 1.72%
Average Trading Volume: 2,539,107
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £21.64B
See more data about IMB stock on TipRanks’ Stock Analysis page.
