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The latest update is out from Imperial Brands ( (GB:IMB) ).
Imperial Brands PLC has announced the repurchase of 284,344 ordinary shares as part of its GBP 1.25 billion share repurchase programme. The transaction, carried out on 18 February 2025, was executed through Morgan Stanley on the London Stock Exchange, and the shares will be cancelled, reducing the total number of shares in issue to 831,680,667. This move is likely to impact the company’s market valuation and shareholder structure, indicating a strategic initiative to enhance shareholder value.
More about Imperial Brands
Imperial Brands PLC is a company operating in the tobacco industry, primarily focused on the manufacture and sale of cigarettes, tobacco products, and potentially related services. It is a major player in the global tobacco market.
YTD Price Performance: 8.89%
Average Trading Volume: 2,656,779
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £23.08B
See more data about IMB stock on TipRanks’ Stock Analysis page.
