Imperial Brands Cancels 200,000 Shares in Ongoing £1.45bn Buyback

Imperial Brands ( (GB:IMB) ) just unveiled an announcement.

Imperial Brands has repurchased 200,000 of its 10 pence ordinary shares on 15 May 2026 as part of its ongoing £1.45 billion share buyback programme, at an average price of 2,839.8206 pence per share. The company plans to cancel these shares, reducing its share count and potentially enhancing earnings per share and capital returns for investors.

Following this latest transaction, Imperial Brands’ total number of ordinary shares in issue will fall to 775,898,599, excluding treasury shares. The updated share count provides a new reference point for investors and other stakeholders subject to disclosure and transparency rules when calculating and reporting their holdings in the company.

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 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 nicotine company producing cigarettes, cigars, and next-generation products for international markets. Listed on the London Stock Exchange, it focuses on shareholder returns through dividends and capital allocation measures such as share buybacks.

Average Trading Volume: 2,819,552

Technical Sentiment Signal: Buy

Current Market Cap: £22.16B

See more insights into IMB stock on TipRanks’ Stock Analysis page.