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An announcement from Imperial Brands ( (GB:IMB) ) is now available.
Imperial Brands PLC announced the repurchase and cancellation of 376,790 ordinary shares as part of its GBP 1.25 billion share repurchase program. The shares were purchased at an average price of GBp 2,564.66 through Morgan Stanley & Co. International Plc on the London Stock Exchange. This transaction reduces the total number of ordinary shares in issue to 838,807,324, influencing the calculations for shareholder notifications under the Disclosure Guidance and Transparency Rules.
More about Imperial Brands
Imperial Brands PLC operates in the tobacco industry and is known for its production and supply of cigarettes, cigars, and other tobacco-related products. The company is focused on maintaining its market position through strategic financial maneuvers such as share repurchase programs.
YTD Price Performance: 54.27%
Average Trading Volume: 2,392,374
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £21.75B
See more data about IMB stock on TipRanks’ Stock Analysis page.
