Imperial Brands Continues £1.45bn Buyback With New Share Cancellation

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

Imperial Brands has continued executing its £1.45 billion share repurchase programme, buying 275,000 ordinary shares on 22 April 2026 at an average price of 2,734.8202 pence per share. The shares were acquired on-exchange from Barclays Capital Securities and are intended to be cancelled, reinforcing the company’s capital return strategy.

Following settlement and cancellation, Imperial Brands will have 778,797,165 ordinary shares in issue, a reduced share count that may enhance earnings per share and support the stock’s valuation. The updated share capital figure also provides a new reference point for investors and institutions required to report holdings under UK disclosure and transparency rules.

The most recent analyst rating on (GB:IMB) stock is a Hold with a £3150.00 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 nicotine company listed in London, producing and selling cigarettes and next-generation nicotine products. It operates in mature and emerging markets, focusing on shareholder returns through dividends and ongoing share buyback programmes to optimise its capital structure and earnings per share.

Average Trading Volume: 2,633,044

Technical Sentiment Signal: Buy

Current Market Cap: £21.22B

For a thorough assessment of IMB stock, go to TipRanks’ Stock Analysis page.