tiprankstipranks
Advertisement
Advertisement

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

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

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Imperial Brands ( (GB:IMB) ).

Imperial Brands has repurchased 508,962 ordinary shares of 10 pence each on 18 March 2026 as part of its previously announced £1.45 billion share buyback programme, paying an average price of 3,138.49 pence per share through broker Morgan Stanley. The company will cancel these shares, reducing the number of ordinary shares in issue to 784,323,941, a move that marginally increases earnings per share and may signal continued confidence in its financial position to investors and regulators monitoring disclosure thresholds.

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 PLC is a global tobacco and next-generation products company listed on the London Stock Exchange. The group focuses on manufacturing and selling cigarettes, tobacco, and related products, while running capital allocation programmes, including sizeable share buybacks, to enhance shareholder returns and manage its capital structure.

Average Trading Volume: 2,226,564

Technical Sentiment Signal: Strong Buy

Current Market Cap: £25.14B

For a thorough assessment of IMB stock, go to 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