Imperial Brands Cancels Further Shares Under £1.45bn Buyback Programme

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

Imperial Brands PLC has continued execution of its previously announced £1.45 billion share repurchase programme by buying back 15,801 ordinary shares on 12 January 2026 at an average price of 3,029.80 pence per share, in a transaction executed on-exchange through Morgan Stanley. The company will cancel these shares, reducing the total number of ordinary shares in issue to 793,653,879, a move that marginally enhances earnings per share and adjusts the capital structure, while providing shareholders and other market participants with an updated denominator for regulatory disclosure calculations 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 PLC is a UK-listed tobacco and nicotine products company, best known for manufacturing and selling cigarettes and other tobacco products, with its shares traded on the London Stock Exchange and widely held by institutional and retail investors subject to UK disclosure and transparency rules.

Average Trading Volume: 1,898,267

Technical Sentiment Signal: Buy

Current Market Cap: £23.81B

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