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Imperial Brands Advances Share Buyback Plan
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Imperial Brands Advances Share Buyback Plan

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

Imperial Brands PLC has announced the buyback and cancellation of 190,000 of its ordinary shares at an average price of GBp 1,863.455200, as part of its GBP 1.1 billion share repurchase program initiated last year. The repurchased shares were acquired through Barclays on the London Stock Exchange, and following cancellation, the total number of ordinary shares in issue will stand at 861,716,873. This action is expected to affect shareholders’ notification obligations under the Disclosure Guidance and Transparency Rules.

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

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