Imperial Brands Completes First £725m Tranche of £1.45bn Buyback

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

Imperial Brands has repurchased 194,858 ordinary shares on 10 April 2026 at an average price of 3,095.48 pence, as part of its ongoing £1.45 billion share buyback programme, and will cancel these shares, reducing its share count to 780,699,425. This transaction completes the first £725 million tranche of the buyback, under which 23.1 million shares were repurchased, signalling continued capital returns to shareholders and a tighter share base that may support earnings per share over time.

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, best known for manufacturing and distributing cigarettes and related products globally. The group focuses on mature and regulated markets, where it returns excess capital to shareholders through dividends and sizeable share buyback programmes.

Average Trading Volume: 2,298,184

Technical Sentiment Signal: Buy

Current Market Cap: £23.98B

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