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Imperial Brands Cancels More Shares in Ongoing £1.45bn Buyback

Story Highlights
  • Imperial Brands repurchased and will cancel 308,378 shares as part of its £1.45bn buyback.
  • The buyback cuts shares in issue to 776.5 million, tightening the base and aiding disclosure rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imperial Brands Cancels More Shares in Ongoing £1.45bn Buyback

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

Imperial Brands has continued its GBP 1.45 billion share repurchase programme by buying back 308,378 ordinary shares on 8 May 2026 at an average price of GBp 2,752.7984, with Barclays acting as broker. The company will cancel these shares, reducing the number of ordinary shares in issue to 776,534,746, a move that tightens the share base and may enhance earnings per share while providing an updated reference for investors’ disclosure and transparency calculations.

The reduction in share count underscores Imperial Brands’ ongoing capital return strategy, signalling management’s confidence in the business and potentially improving shareholder value. It also clarifies the new denominator for regulatory reporting of significant holdings, affecting how investors track and disclose their positions 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 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 company, producing and marketing cigarettes, cigars, rolling tobacco and next-generation products. Listed on the London Stock Exchange, it targets international markets with a focus on returns to shareholders through dividends and share buybacks.

Average Trading Volume: 2,746,446

Technical Sentiment Signal: Buy

Current Market Cap: £21.31B

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

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