Imperial Brands Cancels 662,265 Shares in Ongoing £1.45bn Buyback

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

Imperial Brands has continued execution of its £1.45 billion share repurchase programme, buying 662,265 ordinary shares on 5 March 2026 at an average price of 3,185 pence. The shares were acquired via Morgan Stanley on the London Stock Exchange and are scheduled for cancellation, reducing the company’s share count and potentially enhancing earnings per share.

Following settlement and cancellation, Imperial Brands will have 786,915,209 ordinary shares in issue, a new denominator for major shareholder disclosure thresholds. The updated share capital figure matters for investors monitoring ownership levels and regulatory reporting obligations under the U.K. 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 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 is a U.K.-listed tobacco and nicotine products company, best known for manufacturing and selling cigarettes and related next-generation products. It operates globally with a focus on developed markets, and its shares trade on the London Stock Exchange, where it is a constituent of major U.K. equity indices.

Average Trading Volume: 2,028,507

Technical Sentiment Signal: Buy

Current Market Cap: £25.09B

Find detailed analytics on IMB stock on TipRanks’ Stock Analysis page.