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Imperial Brands Cancels Further Shares Under £1.45bn Buyback

Story Highlights
  • Imperial Brands repurchased and cancelled 217,869 shares as part of its £1.45 billion buyback, reducing total shares in issue to 782.5 million.
  • The latest share cancellation supports Imperial Brands’ capital return strategy, marginally boosting earnings per share and clarifying investor disclosure thresholds.
  • 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 shared an update.

Imperial Brands has continued executing its £1.45 billion share repurchase programme, buying back 217,869 ordinary shares for cancellation on 24 March 2026 at an average price of 3,016.49 pence. All shares were acquired via Morgan Stanley on the London Stock Exchange, with the total number of shares in issue falling to 782,493,418, a change that will alter percentage holdings calculations for investors and may marginally enhance earnings per share.

The reduction in share count reflects the group’s ongoing efforts to optimise its capital structure and return surplus cash to shareholders, reinforcing management’s confidence in the company’s financial position. By tightening the equity base through cancellations rather than holding the stock in treasury, Imperial Brands is signalling a long-term commitment to shareholder returns while simplifying ownership metrics for investors subject to disclosure 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 global tobacco and next-generation products company, best known for manufacturing and selling cigarettes, cigars, rolling tobacco and vaping products. Listed in London, it focuses on developed markets and uses capital returns, including share buybacks, as a key element of its financial strategy and shareholder remuneration policy.

Average Trading Volume: 2,240,369

Technical Sentiment Signal: Buy

Current Market Cap: £23.56B

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

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