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, buying 180,000 ordinary shares on 23 April 2026 at an average price of 2,770.0744 pence per share. The company will cancel the repurchased stock, reducing the number of shares in issue to 778,617,165 and modestly enhancing earnings per share and equity value for remaining shareholders through lower share count.

The buyback, conducted via Barclays Capital Securities as an on-exchange transaction, underscores management’s ongoing capital-return strategy and confidence in the company’s financial position. The updated share capital figure also provides a new denominator for investors and other stakeholders when assessing disclosure thresholds under U.K. transparency rules.

The most recent analyst rating on (GB:IMB) stock is a Hold with a £3150.00 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 PLC is a U.K.-listed tobacco company whose core business is the manufacture and sale of cigarettes and other tobacco products. The group focuses on developed and emerging markets, and its shares trade on the London Stock Exchange, where it remains a major constituent of the consumer staples sector.

Average Trading Volume: 2,633,044

Technical Sentiment Signal: Buy

Current Market Cap: £21.22B

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