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Imperial Brands Advances £1.45bn Buyback With Latest Share Cancellation

Story Highlights
  • Imperial Brands repurchased and will cancel 182,564 shares as part of its £1.45bn buyback.
  • The transaction reduces shares in issue to 781.1 million, modestly boosting returns for remaining investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imperial Brands Advances £1.45bn Buyback With Latest Share Cancellation

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An announcement from Imperial Brands ( (GB:IMB) ) is now available.

Imperial Brands has continued to execute its £1.45 billion share repurchase programme, buying back 182,564 ordinary shares on 2 April 2026 at an average price of 3,074.62 pence per share. The shares, acquired via Morgan Stanley on the London Stock Exchange, will be cancelled, reducing the company’s share count to 781,119,655 and marginally enhancing earnings per share and capital returns for remaining investors.

The reduction in shares outstanding supports Imperial Brands’ broader capital allocation strategy, signalling confidence in its cash generation and balance sheet strength. The updated share count also provides a new reference point for investors and other market participants when calculating disclosure thresholds under regulatory transparency rules.

The most recent analyst rating on (GB:IMB) stock is a Buy with a £36.50 price target. To see the full list of analyst forecasts on Imperial Brands stock, see the GB:IMB Stock Forecast page.

Spark’s Take on IMB Stock

According to Spark, TipRanks’ AI Analyst, IMB is a Outperform.

Imperial Brands scores well due to strong earnings call performance and positive technical indicators. Financial performance is stable but requires careful management of debt and cash flow. The attractive valuation further supports the stock’s potential, despite some regulatory challenges.

To see Spark’s full report on IMB stock, click here.

More about Imperial Brands

Imperial Brands is a global tobacco and next-generation products company, best known for manufacturing and selling cigarettes and other nicotine products. Listed on the London Stock Exchange, it focuses on developed and emerging markets, where it competes with other major tobacco groups while managing a mature, highly regulated industry landscape.

Average Trading Volume: 2,297,791

Technical Sentiment Signal: Buy

Current Market Cap: £23.95B

For detailed information about IMB stock, go to TipRanks’ Stock Analysis page.

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