Imperial Brands Executes Share Buyback and Cancellation
Company Announcements

Imperial Brands Executes Share Buyback and Cancellation

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

Imperial Brands PLC has repurchased and canceled 130,000 of its ordinary shares as part of its £1.1 billion share buyback program, with an average purchase price of 2,299.97 pence per share. This transaction, conducted through Barclays, reduces the total number of shares in issue to 843,983,851, potentially impacting shareholder interest calculations. The action is part of the company’s ongoing efforts to manage capital and return value to shareholders.

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

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