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Imperial Brands Cancels New Tranche of Shares in Ongoing Buyback

Story Highlights
  • Imperial Brands repurchased 421,899 shares for cancellation under its £1.45 billion buyback.
  • The buyback cuts the share count to 781.3 million, supporting earnings per share for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imperial Brands Cancels New Tranche of Shares in Ongoing Buyback

Meet Samuel – Your Personal Investing Prophet

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

Imperial Brands has continued executing its £1.45 billion share repurchase programme, buying 421,899 ordinary shares for cancellation on 1 April 2026 at an average price of 3,048.05 pence. The transaction, conducted via Morgan Stanley on the London Stock Exchange, reduces the company’s share count to 781,302,219, marginally boosting earnings per share and tightening the stock’s free float for existing investors.

The most recent analyst rating on (GB:IMB) stock is a Buy with a £36.50 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 major international tobacco and nicotine group listed in London. The company focuses on manufacturing and selling cigarettes, cigars and next-generation nicotine products across multiple markets, and actively manages its capital structure through share buybacks and dividends to enhance shareholder returns.

Average Trading Volume: 2,288,084

Technical Sentiment Signal: Buy

Current Market Cap: £23.81B

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

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