Imperial Brands Cancels New Tranche of Shares in £1.45bn Buyback

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

Imperial Brands has repurchased 247,343 ordinary shares of 10 pence each on 27 April 2026 as part of its previously announced £1.45 billion share buyback programme. The transaction, executed via Barclays Capital Securities on the London Stock Exchange, forms part of the group’s ongoing strategy to return capital to investors and manage its capital structure.

The company intends to cancel all the shares bought back, reducing the number of ordinary shares in issue to 778,190,616, excluding treasury shares. This lower share count will affect ownership percentage calculations under U.K. disclosure rules, with the new figure serving as the reference denominator for shareholders and other stakeholders with reporting obligations.

The most recent analyst rating on (GB:IMB) stock is a Hold with a £3050.00 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 company that manufactures and sells cigarettes and other nicotine products globally. The group focuses on mature tobacco markets while pursuing capital returns to shareholders through dividends and sizeable share repurchase programmes.

Average Trading Volume: 2,674,882

Technical Sentiment Signal: Buy

Current Market Cap: £21.47B

Learn more about IMB stock on TipRanks’ Stock Analysis page.