Imperial Brands (GB:IMB) has released an update.
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Imperial Brands PLC has announced the repurchase of 100,000 of its own shares for cancellation as part of its GBP 1.1 billion share buyback program, with the transaction occurring on September 13, 2024. The shares were bought at an average price of GBp 2,249.33 each from Barclays on the London Stock Exchange, which will reduce the total number of ordinary shares in issue to 848,522,079. This move is part of the company’s strategy to return value to its shareholders.
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