Imperial Brands Cancels 150,000 Shares in Ongoing £1.45bn Buyback

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

Imperial Brands has continued executing its £1.45 billion share repurchase programme, buying back 150,000 ordinary shares on 13 May 2026 at an average price of 2,786.0515 pence per share. The shares, acquired via Barclays Capital Securities as an on-exchange transaction, are being cancelled, reducing the company’s share count to 776,109,744.

The buyback and cancellation further concentrate earnings per share and signal ongoing commitment to capital returns, potentially supporting the share price and enhancing value for remaining investors. The updated share count will also serve as the new reference point for shareholders and other parties when calculating disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:IMB) stock is a Hold with a £31.50 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 listed on the London Stock Exchange. It manufactures and markets cigarettes, cigars, rolling tobacco and nicotine alternatives, with a focus on developed markets where it is pursuing disciplined capital allocation and shareholder returns.

Average Trading Volume: 2,835,145

Technical Sentiment Signal: Buy

Current Market Cap: £21.9B

See more data about IMB stock on TipRanks’ Stock Analysis page.