Imperial Brands Cancels Further Shares Under £1.45bn Buyback Programme

Imperial Brands ( (GB:IMB) ) just unveiled an announcement.

Imperial Brands has repurchased 160,129 of its 10p ordinary shares on 29 December 2025 as part of its ongoing £1.45 billion share buyback programme, paying an average price of 3,116.06 pence per share in an on-exchange transaction executed through Morgan Stanley. The company will cancel these shares, reducing the number of ordinary shares in issue to 796,206,628, a move that marginally enhances earnings per share and underscores Imperial Brands’ continued emphasis on shareholder returns and capital discipline while providing an updated denominator for investors’ disclosure and transparency calculations.

The most recent analyst rating on (GB:IMB) stock is a Buy with a £3650.00 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 PLC is a UK-listed tobacco and nicotine products group, best known for manufacturing and selling cigarettes and next-generation products across global markets. The company operates in a highly regulated industry and focuses on capital returns to shareholders alongside managing its portfolio of tobacco and reduced-risk products.

Average Trading Volume: 1,980,552

Technical Sentiment Signal: Buy

Current Market Cap: £24.8B

Learn more about IMB stock on TipRanks’ Stock Analysis page.