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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 112,161 of its ordinary shares as part of its GBP 1.1 billion share repurchase program initiated in October 2023. The shares were bought on 19 April 2024 through Barclays on the London Stock Exchange, with the purchase reducing the total number of ordinary shares in issue to 863,983,394. This transaction is a continued step in the company’s effort to return value to shareholders.

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

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