Imperial Brands (GB:IMB) has released an update.
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Imperial Brands PLC has repurchased 190,000 of its own shares at an average price of 2,312.40 pence each, as part of its £1.1 billion share buyback program. These shares will be canceled, reducing the total number of shares in issue to 843,793,851. This move is part of the company’s strategy to enhance shareholder value.
For further insights into GB:IMB stock, check out TipRanks’ Stock Analysis page.
