Imperial Brands (GB:IMB) has released an update.
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Imperial Brands PLC has announced the buyback and cancellation of 210,000 of its own ordinary shares at an average price of GBp 2,229.24 each, as part of its GBP 1.1 billion share repurchase program. Following the transaction, the total number of remaining shares in issue will be 848,062,079. The repurchased shares were bought from Barclays and will be cancelled, potentially impacting shareholders’ notification obligations.
For further insights into GB:IMB stock, check out TipRanks’ Stock Analysis page.