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Imperial Brands Executes Share Buyback and Cancellation
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Imperial Brands Executes Share Buyback and Cancellation

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

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Imperial Brands PLC has repurchased 189,939 of its ordinary shares at an average price of GBp 2,564.30 as part of its £1.25 billion share buyback program. The shares, purchased through Morgan Stanley, are set to be cancelled, reducing the total number of shares in issue to 837,673,875. This move is likely to affect shareholder calculations under the Disclosure Guidance and Transparency Rules.

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

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