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An announcement from Imperial Brands ( (GB:IMB) ) is now available.
Imperial Brands PLC announced a transaction involving the repurchase and cancellation of 155,452 ordinary shares as part of its GBP 1.25 billion share buyback program. The repurchase was conducted through Morgan Stanley on the London Stock Exchange, with the average price per share at GBp 2,607.77. The cancellation of these shares will adjust the company’s total ordinary shares in issue to 833,840,367, impacting shareholder calculations and transparency obligations.
More about Imperial Brands
Imperial Brands PLC operates in the tobacco and consumer goods industry, primarily focusing on the manufacture and sale of tobacco products, including cigarettes and cigars, as well as next-generation nicotine products. The company targets markets worldwide with a strong emphasis on innovation and market expansion.
YTD Price Performance: 2.90%
Average Trading Volume: 2,638,818
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £21.87B
Learn more about IMB stock on TipRanks’ Stock Analysis page.
