Imperial Brands Cancels 387,241 Shares Under £1.45bn Buyback Programme

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

Imperial Brands PLC has repurchased 387,241 of its 10 pence ordinary shares on 8 January 2026 as part of its ongoing £1.45 billion share buyback programme, paying an average price of 3,004.18 pence per share. All shares were bought on-exchange from Morgan Stanley & Co. International Plc and will be cancelled, reducing the company’s issued share capital to 793,864,573 shares, a move that tightens the share base and may enhance earnings per share while providing a new reference denominator for investors and regulators assessing disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:IMB) stock is a Buy with a £3650.00 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 GB:IMB Stock

According to Spark, TipRanks’ AI Analyst, GB: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 GB:IMB stock, click here.

More about Imperial Brands

Imperial Brands PLC is a global tobacco and next-generation products company, best known for manufacturing and marketing cigarettes, cigars, and vapour and heated tobacco products. Listed on the London Stock Exchange, it focuses on mature and emerging markets, serving adult consumers with a portfolio of international and local brands while managing capital returns to shareholders through dividends and share buybacks.

Average Trading Volume: 1,879,706

Technical Sentiment Signal: Buy

Current Market Cap: £24.08B

Learn more about IMB stock on TipRanks’ Stock Analysis page.