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Imperial Brands Completes Share Buyback Move
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Imperial Brands Completes Share Buyback Move

Imperial Brands (GB:IMB) has released an update.

Imperial Brands PLC has announced the repurchase and subsequent planned cancellation of 142,394 of its ordinary shares on July 11, 2024, as part of a GBP 1.1 billion share repurchase program initiated last year. The shares were bought at an average price of GBp 2,073.386200 through Barclays and the transaction took place on the London Stock Exchange. Post cancellation, the company will have 855,488,845 ordinary shares in issue, excluding treasury shares.

For further insights into GB:IMB stock, check out TipRanks’ Stock Analysis page.

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