Imperial Brands Cancels Further Shares Under £1.45bn Buyback Programme

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

Imperial Brands has continued executing its £1.45 billion share buyback, repurchasing 765,594 ordinary shares on 6 March 2026 at an average price of 3,143.08 pence per share. The shares, acquired via Morgan Stanley as an on-exchange transaction, will be cancelled, reducing the number of shares in issue to 786,149,615 and thereby marginally enhancing earnings per share and adjusting ownership percentages for investors.

The updated share count also provides a new denominator for shareholders and other investors when assessing whether they must disclose changes in their holdings under the Disclosure Guidance and Transparency Rules. This ongoing reduction of share capital underscores Imperial Brands’ continued focus on capital returns and may support its share valuation by signalling confidence in the company’s financial position.

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 U.K.-listed tobacco and nicotine products group focused on manufacturing and selling cigarettes, next-generation products and related brands in global markets. The company targets returns to shareholders through dividends and active capital allocation, including sizeable share repurchase programmes to manage its capital structure.

Average Trading Volume: 2,023,151

Technical Sentiment Signal: Strong Buy

Current Market Cap: £24.9B

See more insights into IMB stock on TipRanks’ Stock Analysis page.