tiprankstipranks
Imperial Brands Executes Significant Share Buyback
Company Announcements

Imperial Brands Executes Significant Share Buyback

Imperial Brands (GB:IMB) has released an update.

Don't Miss our Black Friday Offers:

Imperial Brands PLC has repurchased 243,551 of its ordinary shares as part of a £1.25 billion buyback program, reflecting a strategic move to enhance shareholder value. The shares were bought at an average price of 2,346.04 pence and will be cancelled, reducing the total number of shares in circulation to 840,406,660. This transaction was facilitated by Morgan Stanley on the London Stock Exchange.

For further insights into GB:IMB stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyImperial Brands price target raised to 2,100 GBp from 2,000 GBp at RBC Capital
TheFlyImperial Brands price target raised to 3,000 GBp from 2,800 GBp at Barclays
TipRanks UK Auto-Generated NewsdeskImperial Brands Enhances Shareholder Value with Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App