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Imperial Brands Executes Strategic Share Buyback
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Imperial Brands Executes Strategic Share Buyback

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

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Imperial Brands PLC has announced the buyback and subsequent cancellation of 350,000 of its ordinary shares at an average price of GBp 2,248.005500, as part of its GBP 1.1 billion share repurchase program. The transaction was executed on September 12, 2024, through Barclays, with the remaining shares in issue now totaling 848,622,079. This move is part of the company’s efforts to return value to shareholders.

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

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