Imperial Brands Cancels Further Shares Under £1.45bn Buyback Programme

The latest announcement is out from Imperial Brands ( (GB:IMB) ).

Imperial Brands PLC has continued execution of its £1.45 billion share repurchase programme by buying back 100,106 ordinary shares on 29 January 2026 at an average price of 3,023.09 pence per share, with the transaction conducted via Morgan Stanley & Co. International as an on-exchange trade. The company plans to cancel these shares, reducing the total number of ordinary shares in issue to 791,169,280, a change that slightly enhances earnings per share and alters the denominator used by investors and other stakeholders for calculating notifiable shareholdings under UK disclosure and 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 PLC is a UK-based multinational tobacco and nicotine products company, best known for manufacturing and selling cigarettes and next-generation products across global markets. The group focuses on combustible tobacco brands and alternative nicotine offerings, operating primarily in regulated markets and listed on the London Stock Exchange.

Average Trading Volume: 1,813,963

Technical Sentiment Signal: Buy

Current Market Cap: £23.82B

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