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Imperial Brands Advances Buy-Back Plan
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Imperial Brands Advances Buy-Back Plan

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

Imperial Brands PLC has announced the repurchase and cancellation of 45,000 of its ordinary shares at an average price of GBp 1,810.73 each, as part of its GBP 1.1 billion buy-back program initiated in October 2023. This move will reduce the total number of ordinary shares in issue, excluding treasury shares, to 863,938,394. The transaction was made through Barclays and the shares were purchased in accordance with the rules of the London Stock Exchange.

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

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