Imperial Brands Cancels Further Shares Under £1.45bn Buyback

An announcement from Imperial Brands ( (GB:IMB) ) is now available.

Imperial Brands has continued executing its £1.45 billion share repurchase programme by buying back 47,870 ordinary shares on 9 April 2026 at an average price of 3,087.45 pence, with the shares acquired from Morgan Stanley in an on-exchange transaction. The company will cancel these shares, reducing the total number of ordinary shares in issue to 780,894,283, a move that marginally enhances earnings per share and may support shareholder value by tightening the equity base and providing a new denominator for regulatory ownership disclosures.

The most recent analyst rating on (GB:IMB) stock is a Buy with a £36.50 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 nicotine company, best known for manufacturing and distributing cigarettes and next-generation nicotine products. Listed on the London Stock Exchange, it targets international markets with a portfolio spanning traditional tobacco and alternative nicotine offerings.

Average Trading Volume: 2,300,961

Technical Sentiment Signal: Buy

Current Market Cap: £24.42B

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