tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Imperial Brands Cancels Further Shares Under £1.45bn Buyback Programme

Story Highlights
  • Imperial Brands repurchased 298,822 ordinary shares on 21 January 2026.
  • Cancellation of these shares reduces issued share capital to 792,321,082, tightening the equity base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imperial Brands Cancels Further Shares Under £1.45bn Buyback Programme

Claim 50% Off TipRanks Premium

Imperial Brands ( (GB:IMB) ) has issued an update.

Imperial Brands has continued executing its previously announced £1.45 billion share repurchase programme, buying back 298,822 ordinary shares on 21 January 2026 at an average price of 3,019.06 pence per share, with Morgan Stanley acting as broker. The company intends to cancel these shares, reducing the number of ordinary shares in issue to 792,321,082, a move that tightens the share base and may enhance earnings per share, while providing an updated denominator for investors and other stakeholders assessing their disclosure obligations under market 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 international tobacco and next-generation products company, focused on manufacturing and selling cigarettes, cigars, and potentially reduced-risk nicotine products, with its shares listed on the London Stock Exchange.

Average Trading Volume: 1,841,654

Technical Sentiment Signal: Buy

Current Market Cap: £24.48B

For an in-depth examination of IMB stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1