Imperial Brands Cancels 190,000 Shares in Ongoing £1.45bn Buyback

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

Imperial Brands has continued executing its £1.45 billion share repurchase programme, buying back 190,000 ordinary shares on 21 April 2026 for cancellation at an average price of 2,758.2776 pence. All shares were acquired via Barclays on the London Stock Exchange and will be removed from circulation, reducing the overall share count.

Following settlement and cancellation, the company’s ordinary shares in issue will decline to 779,072,165, a figure now relevant for investors’ disclosure calculations. The ongoing buyback tightens Imperial Brands’ equity base and underscores its capital-return strategy, potentially enhancing earnings per share and supporting the stock for existing shareholders.

The most recent analyst rating on (GB:IMB) stock is a Hold with a £3150.00 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 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 PLC is a U.K.-listed tobacco company producing and selling cigarettes and other nicotine products in global markets. The group focuses on returning capital to shareholders alongside managing a mature, cash-generative business in a highly regulated industry.

Average Trading Volume: 2,446,589

Technical Sentiment Signal: Buy

Current Market Cap: £21.98B

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