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An update from Imperial Brands ( (GB:IMB) ) is now available.
Imperial Brands PLC announced the repurchase and cancellation of 127,479 ordinary shares as part of its GBP 1.25 billion share repurchase programme. This action, executed through Morgan Stanley on the London Stock Exchange, reduces the total number of shares in circulation, affecting shareholders’ calculations regarding their interests in the company.
More about Imperial Brands
Imperial Brands PLC is a major company in the tobacco industry, known for its production and sale of cigarettes, cigars, and other tobacco-related products. The company focuses on maintaining a strong market presence through strategic financial maneuvers such as share repurchase programs.
YTD Price Performance: 53.50%
Average Trading Volume: 2,365,313
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £21.59B
Learn more about IMB stock on TipRanks’ Stock Analysis page.
