Imperial Brands Cancels Further Shares Under £1.45bn Buyback Programme

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

Imperial Brands has continued executing its £1.45 billion share repurchase programme, buying back 92,392 ordinary shares on 8 April 2026 at an average price of 3,121.25 pence per share. The company intends to cancel these shares, reducing the total number of shares in issue to 780,942,153 and slightly increasing existing shareholders’ proportional ownership.

All shares were repurchased from Morgan Stanley via on-exchange transactions on the London Stock Exchange, in line with regulatory requirements. The updated share count provides a new reference denominator for investors and other stakeholders when calculating disclosure thresholds for holdings under the UK’s transparency rules.

The most recent analyst rating on (GB:IMB) stock is a Buy with a £36.50 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 global tobacco and nicotine products company, best known for manufacturing and selling cigarettes and next-generation nicotine products. Listed on the London Stock Exchange, it targets international markets with a portfolio spanning traditional tobacco and alternative nicotine offerings.

Average Trading Volume: 2,303,985

Technical Sentiment Signal: Buy

Current Market Cap: £24.42B

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