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Imperial Brands Advances Share Buyback Plan

Imperial Brands Advances Share Buyback Plan

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

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Imperial Brands PLC has advanced its share repurchase program by acquiring 180,000 ordinary shares for cancellation on September 30, 2024, spending an average of GBp 2,173.549100 per share. The buyback is part of a larger GBP 1.1 billion initiative that was previously announced, and following the transaction, the total number of shares in issue will be reduced to 846,213,746. The shares were purchased via Barclays on the London Stock Exchange, and the action is expected to influence shareholder notifications under the Disclosure Guidance and Transparency Rules.

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

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