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Imperial Brands ( (GB:IMB) ) has issued an announcement.
Imperial Brands PLC announced the repurchase and cancellation of 70,396 of its ordinary shares at an average price of GBp 2,598.99 as part of its GBP 1.25 billion share buyback program. This move, conducted through Morgan Stanley on the London Stock Exchange, reduces the number of ordinary shares in issue to 836,635,024, affecting shareholder calculations under the Disclosure Guidance and Transparency Rules.
More about Imperial Brands
Imperial Brands PLC operates in the tobacco industry, primarily focused on the production and sale of a range of tobacco and next-generation products. The company is a significant player in the global market, aiming to provide quality products while adhering to regulatory standards.
YTD Price Performance: 2.00%
Average Trading Volume: 2,351,613
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £21.75B
For detailed information about IMB stock, go to TipRanks’ Stock Analysis page.