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Imperial Brands Advances £1.45bn Buyback With New Share Cancellation

Story Highlights
  • Imperial Brands repurchased 160,607 shares under its £1.45bn buyback, paying an average 3,248.54p.
  • The cancelled shares cut the float to 787.6 million, modestly boosting EPS and supporting capital returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imperial Brands Advances £1.45bn Buyback With New Share Cancellation

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Imperial Brands ( (GB:IMB) ) has issued an announcement.

Imperial Brands has continued executing its £1.45 billion share repurchase programme, buying back 160,607 ordinary shares on 4 March 2026 at an average price of 3,248.54 pence per share. The shares, acquired via Morgan Stanley on the London Stock Exchange, will be cancelled, reducing the number of shares in issue to 787,577,474 and marginally enhancing earnings per share and capital return metrics for investors.

The updated share count provides a new denominator for investors and other stakeholders when calculating disclosure thresholds under U.K. transparency rules. The ongoing buyback underscores the company’s commitment to returning excess capital to shareholders and signals management’s confidence in the group’s financial position and future cash generation capabilities.

The most recent analyst rating on (GB:IMB) stock is a Buy with a £3500.00 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 GB:IMB Stock

According to Spark, TipRanks’ AI Analyst, GB: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 GB:IMB stock, click here.

More about Imperial Brands

Imperial Brands is a global tobacco and next-generation products company headquartered in the U.K., producing and selling cigarettes, cigars, rolling tobacco and vaping products. The group focuses on developed and emerging markets, and uses capital returns, including buybacks, as part of its shareholder value strategy.

Average Trading Volume: 2,002,459

Technical Sentiment Signal: Buy

Current Market Cap: £25.09B

Learn more about IMB stock on TipRanks’ Stock Analysis page.

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