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Imperial Brands ( (GB:IMB) ) just unveiled an update.
Imperial Brands PLC has announced the repurchase and cancellation of 148,541 ordinary shares as part of its GBP 1.25 billion share repurchase program, which was initiated on 30 October 2024. This transaction, executed through Morgan Stanley on the London Stock Exchange, reduces the total number of ordinary shares in issue to 839,329,364, potentially impacting shareholder notifications under the Disclosure Guidance and Transparency Rules.
More about Imperial Brands
Imperial Brands PLC operates within the tobacco industry, focusing primarily on the manufacture and sale of cigarettes, cigars, and other tobacco-related products. The company is known for its extensive portfolio of brands and has a significant market presence across various regions.
YTD Price Performance: 54.10%
Average Trading Volume: 2,397,886
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £21.67B
For detailed information about IMB stock, go to TipRanks’ Stock Analysis page.
