Imperial Brands Cancels Further Shares Under £1.45bn Buyback Programme

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

Imperial Brands has continued executing its £1.45 billion share repurchase programme by buying back 289,199 ordinary shares on 28 January 2026 at an average price of 3,014.96 pence per share, with Morgan Stanley acting as broker. The company will cancel these shares, reducing the number of ordinary shares in issue to 791,269,386, a move that tightens the share count and may enhance earnings per share while providing shareholders and other market participants with an updated denominator for regulatory disclosure thresholds under UK transparency 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 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 is a UK-listed international tobacco and nicotine products company, best known for manufacturing and selling cigarettes and next-generation nicotine products across global markets. Listed on the London Stock Exchange, it operates within the consumer staples sector and is a constituent of major UK equity indices, with a significant free float held by institutional investors.

Average Trading Volume: 1,723,248

Technical Sentiment Signal: Buy

Current Market Cap: £23.75B

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