Imperial Brands (UK) (GB:IMB) has released an update.
Imperial Brands PLC has announced the buyback and cancellation of 173,273 of its ordinary shares at an average price of GBp 1,750.02 each, as part of its GBP 1.1 billion share repurchase program initiated last October. This transaction, executed through Barclays on the London Stock Exchange, will reduce the total number of ordinary shares in issue to 864,095,555. Shareholders are advised to use this new share count for transparency and notification purposes under regulatory rules.
For further insights into GB:IMB stock, check out TipRanks’ Stock Analysis page.