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Imperial Brands Executes Share Buyback, Reducing Share Count
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Imperial Brands Executes Share Buyback, Reducing Share Count

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An update from Imperial Brands ( (GB:IMB) ) is now available.

Imperial Brands PLC announced the repurchase and cancellation of 100,438 of its ordinary shares as part of its ongoing GBP 1.25 billion share repurchase program. The transaction, completed on 05 February 2025, was conducted through Morgan Stanley at an average price of GBp 2,753.98 per share. This move reduces the total number of shares in circulation to 833,225,254, impacting shareholder calculations under the Disclosure Guidance and Transparency Rules.

More about Imperial Brands

Imperial Brands PLC is a major player in the tobacco industry, primarily focusing on the manufacture and sale of tobacco and related products. The company operates globally and is involved in the production of cigarettes, cigars, and smokeless tobacco, with a market emphasis on providing a wide range of tobacco products to consumers worldwide.

YTD Price Performance: 7.40%

Average Trading Volume: 2,625,733

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £22.81B

For a thorough assessment of IMB stock, go to TipRanks’ Stock Analysis page.

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