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Imperial Brands Cancels Further Shares Under £1.45bn Buyback

Story Highlights
  • Imperial Brands repurchased and will cancel 166,728 shares under its £1.45 billion buyback plan.
  • The buyback cuts shares in issue to 778,023,888, boosting capital returns and investors’ proportional stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imperial Brands Cancels Further Shares Under £1.45bn Buyback

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

Imperial Brands has repurchased and will cancel 166,728 ordinary shares as part of its ongoing £1.45 billion share buyback programme, with the shares acquired on 28 April 2026 at an average price of 2,759.0229 pence. The transaction, executed via Barclays on the London Stock Exchange, will reduce the company’s shares in issue to 778,023,888, adjusting the equity base used by investors to calculate ownership stakes and regulatory disclosure thresholds.

By shrinking its share count, Imperial Brands continues to signal a focus on capital returns and balance-sheet optimisation, which may enhance earnings per share and support valuation over time. The update underscores the company’s commitment to its previously announced buyback plan, offering existing shareholders a greater proportional claim on future cash flows and potentially tightening the stock’s free float.

The most recent analyst rating on (GB:IMB) stock is a Hold with a £3050.00 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 U.K.-listed tobacco company producing cigarettes and other nicotine products for global markets. The group focuses on managing its mature tobacco portfolio while returning excess cash to shareholders, including through sizeable share buyback programmes alongside dividends.

Average Trading Volume: 2,657,924

Technical Sentiment Signal: Buy

Current Market Cap: £21.47B

For detailed information about IMB stock, go to TipRanks’ Stock Analysis page.

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