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

Story Highlights
  • Imperial Brands repurchased 72,688 shares on 30 March 2026 under its £1.45 billion buyback programme at an average 3,087.59 pence per share.
  • The company will cancel these shares, cutting its outstanding share count to 781,893,440 and slightly boosting per-share metrics for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imperial Brands Cancels New Tranche of Shares Under £1.45bn Buyback

Meet Samuel – Your Personal Investing Prophet

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

Imperial Brands has repurchased 72,688 ordinary shares of 10 pence each on 30 March 2026 under its £1.45 billion buyback programme, paying an average price of 3,087.59 pence per share in an on-exchange transaction executed by Morgan Stanley. The company plans to cancel these shares, reducing its ordinary shares in issue to 781,893,440, a move that marginally enhances earnings per share and adjusts the free float denominator for investors monitoring disclosure thresholds under U.K. transparency rules.

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 is a U.K.-listed tobacco and nicotine products company whose core business is manufacturing and selling cigarettes and related next-generation products in global markets. The group focuses on returning capital to shareholders while managing its share base and supporting its stock performance through structured repurchase programmes.

Average Trading Volume: 2,275,938

Technical Sentiment Signal: Buy

Current Market Cap: £23.95B

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

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