Imperial Brands Completes Share Buyback Step
Company Announcements

Imperial Brands Completes Share Buyback Step

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

Imperial Brands PLC has successfully executed a share repurchase on August 23, 2024, buying back 335,045 ordinary shares at an average price of GBP 2,142.79 each, as part of its GBP 1.1 billion buyback program announced last year. The acquired shares will be cancelled, which will leave the company with 850,398,962 shares remaining in issue. This action is in line with the company’s strategy to return value to its shareholders and will affect the share calculations for those holding or changing interest in the company.

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

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