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Imperial Brands Cancels Further Shares Under £1.45bn Buyback

Story Highlights
  • Imperial Brands repurchased and will cancel 17,066 shares under its £1.45bn buyback, reducing its share count to 788,380,039.
  • The latest buyback tranche boosts existing holders’ proportional stakes and sets a new share capital base for regulatory disclosures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imperial Brands Cancels Further Shares Under £1.45bn Buyback

Meet Samuel – Your Personal Investing Prophet

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

Imperial Brands has continued its capital return strategy by repurchasing 17,066 ordinary shares on 2 March 2026 under its £1.45 billion share buyback programme, paying an average price of 3,295.13 pence per share. The transaction, executed via Morgan Stanley on the London Stock Exchange, will see the shares cancelled, reducing the company’s share count to 788,380,039 and slightly increasing existing investors’ proportional ownership.

The updated share capital figure provides a new denominator for investors and other parties to calculate disclosure thresholds under UK transparency rules. The ongoing buyback underscores Imperial Brands’ focus on shareholder value, signalling confidence in its balance sheet and cash generation while marginally improving earnings per share through a lower number of shares in issue.

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 global tobacco and nicotine products company listed on the London Stock Exchange. It manufactures and markets traditional cigarettes alongside next-generation products, focusing on developed markets where it seeks to enhance shareholder returns through disciplined capital allocation, including buybacks and dividends.

Average Trading Volume: 1,961,085

Technical Sentiment Signal: Buy

Current Market Cap: £26.11B

For a thorough assessment of IMB stock, go to TipRanks’ Stock Analysis page.

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