Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Imperial Brands ( (GB:IMB) ) has issued an announcement.
Imperial Brands PLC announced the repurchase and cancellation of 171,685 of its ordinary shares as part of its GBP 1.25 billion buyback program. This transaction, conducted through Morgan Stanley on the London Stock Exchange, reduces the company’s outstanding shares to 837,872,550, providing potential implications for shareholder interests and company valuation.
More about Imperial Brands
Imperial Brands PLC is a global company operating in the tobacco industry, primarily producing and selling a wide range of tobacco and nicotine products. The company focuses on markets across the world and is known for its strong brand portfolio in the sector.
YTD Price Performance: 52.85%
Average Trading Volume: 2,375,889
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £21.52B
For a thorough assessment of IMB stock, go to TipRanks’ Stock Analysis page.
