tiprankstipranks
Advertisement
Advertisement

Imperial Brands Cancels Further Shares Under GBP 1.45bn Buyback

Story Highlights
  • Imperial Brands repurchased 45,002 shares for cancellation under its ongoing GBP 1.45 billion buyback programme.
  • After this buyback tranche, the company will have 776,259,744 shares in issue, tightening its equity base and supporting capital return goals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imperial Brands Cancels Further Shares Under GBP 1.45bn Buyback

Meet Samuel – Your Personal Investing Prophet

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

Imperial Brands has continued executing its GBP 1.45 billion share repurchase programme, buying 45,002 ordinary shares for cancellation on 12 May 2026 at an average price of 2,746.3479 pence per share. The transaction, carried out via Barclays Capital Securities on the London Stock Exchange, forms part of the group’s broader strategy to return capital to investors and manage its equity base.

Following settlement and cancellation of the latest tranche, Imperial Brands will have 776,259,744 ordinary shares in issue, a figure the company highlighted as the new denominator for regulatory disclosure thresholds. The ongoing reduction in the share count supports earnings per share metrics and may be viewed positively by shareholders seeking enhanced capital returns, reinforcing Imperial’s commitment to its buyback-led capital allocation policy.

The most recent analyst rating on (GB:IMB) stock is a Hold with a £3150.00 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 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 U.K.-listed tobacco and nicotine products company, best known for manufacturing and selling cigarettes and other tobacco-related products. The group focuses on developed and emerging markets, where it competes with other global tobacco majors while pursuing capital returns to shareholders through dividends and share buybacks.

Average Trading Volume: 2,809,395

Technical Sentiment Signal: Buy

Current Market Cap: £21.13B

Find detailed analytics on IMB stock on TipRanks’ Stock Analysis 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