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Imperial Brands Completes Share Buyback Milestone

Imperial Brands Completes Share Buyback Milestone

Imperial Brands (GB:IMB) has released an update.

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Imperial Brands PLC has announced the buyback and cancellation of 250,000 of its ordinary shares on September 16, 2024, as part of its GBP 1.1 billion share repurchase program initiated last year. The shares were bought at an average price of GBp 2,245.415 each, with transactions conducted through the London Stock Exchange via Barclays. Following the cancellation, the total number of remaining shares will be 848,272,079.

For further insights into GB:IMB stock, check out TipRanks’ Stock Analysis page.

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