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Imperial Brands Completes Share Buyback Phase
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Imperial Brands Completes Share Buyback Phase

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

Imperial Brands PLC has reported the buyback of 300,000 of its ordinary shares on July 8, 2024, as part of a GBP 1.1 billion share repurchase program announced last year. The shares, purchased at an average price of GBp 2,050.067900 per share, will be cancelled, reducing the total number of shares in issue to 855,902,405. This move is part of ongoing transactions to reduce share capital, executed through the London Stock Exchange and brokered by Barclays.

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

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