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Imperial Brands ( (GB:IMB) ) has issued an update.
Imperial Brands PLC announced the repurchase of 150,010 ordinary shares as part of its GBP 1.25 billion share repurchase program, with an average price of GBp 2,568.57 per share. This strategic move aims at reducing the number of shares in circulation, potentially enhancing shareholder value and possibly impacting the company’s market positioning.
More about Imperial Brands
Imperial Brands PLC is a company in the tobacco industry, primarily focused on the manufacturing and sale of tobacco products, including cigarettes and cigars. The company operates globally and is known for its diverse portfolio of brands catering to various market segments.
YTD Price Performance: 0.0%
Average Trading Volume: 2,181,843
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £21.33B
Learn more about IMB stock on TipRanks’ Stock Analysis page.
