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Imperial Brands Cancels 230,000 Shares in Ongoing £1.45bn Buyback

Story Highlights
  • Imperial Brands repurchased 230,000 ordinary shares as part of its £1.45 billion buyback programme to support capital structure efficiency and shareholder returns.
  • The cancelled shares reduce Imperial Brands’ outstanding share count to 776,304,746, updating the key denominator for regulatory disclosure calculations by investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imperial Brands Cancels 230,000 Shares in Ongoing £1.45bn Buyback

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

Imperial Brands has continued executing its previously announced £1.45 billion share buyback programme, repurchasing 230,000 ordinary shares on 11 May 2026 at an average price of 2,734.3105 pence per share. The transaction, carried out via Barclays Capital Securities and conducted on exchange under London Stock Exchange rules, is part of the group’s strategy to optimise its capital structure and enhance shareholder returns.

The repurchased shares will be cancelled, reducing Imperial Brands’ outstanding share count to 776,304,746 ordinary shares, a change that can affect key per-share metrics and investors’ ownership percentages. The updated share capital figure also provides a new reference denominator for shareholders and other obliged parties when assessing whether they must disclose holdings under the U.K.’s Disclosure Guidance and Transparency Rules.

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 major international tobacco and nicotine products manufacturer headquartered in the U.K., producing traditional cigarettes and a range of next-generation products. The company is listed on the London Stock Exchange and focuses on returning cash to shareholders through dividends and share buybacks.

Average Trading Volume: 2,789,551

Technical Sentiment Signal: Buy

Current Market Cap: £21.13B

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

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