Imperial Brands Cancels New Tranche of Shares Under Ongoing Buyback

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

Imperial Brands has continued execution of its GBP 1.45 billion share buyback, repurchasing 169,322 ordinary shares on 31 March 2026 at an average price of 3,090.22 pence. The transaction, conducted via Morgan Stanley on the London Stock Exchange, forms part of the group’s ongoing capital return strategy.

The newly repurchased shares will be cancelled, reducing the company’s share count to 781,724,118 ordinary shares in issue. This lower share base may enhance earnings per share and alters the denominator used by investors and other stakeholders when calculating 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 global tobacco and next-generation products company, best known for manufacturing and selling cigarettes, cigars and other nicotine products. Listed on the London Stock Exchange, it targets mature and regulated markets, focusing on shareholder returns through dividends and share buyback programmes.

Average Trading Volume: 2,288,084

Technical Sentiment Signal: Buy

Current Market Cap: £23.81B

See more data about IMB stock on TipRanks’ Stock Analysis page.