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Imperial Brands ( (GB:IMB) ) has provided an update.
Imperial Brands PLC announced a share repurchase of 241,126 ordinary shares at an average price of GBp 2,614.91 as part of a GBP 1.25 billion program. This transaction, executed by Morgan Stanley, reduces the total number of ordinary shares in issue to 835,947,440, potentially affecting stakeholder notification obligations under transparency rules.
More about Imperial Brands
Imperial Brands PLC operates in the tobacco industry, focusing primarily on the manufacturing and sale of tobacco products and related services.
YTD Price Performance: 2.78%
Average Trading Volume: 2,510,744
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £21.9B
Find detailed analytics on IMB stock on TipRanks’ Stock Analysis page.
