Imperial Brands Cuts Share Count with Latest £1.45bn Buyback Tranche

The latest announcement is out from Imperial Brands ( (GB:IMB) ).

Imperial Brands has continued its ongoing £1.45 billion share repurchase programme by buying 250,000 ordinary shares for cancellation on 15 April 2026. The shares were acquired via Barclays at an average price of 2,855.8918 pence, reducing the company’s shares in issue to 779,939,990 and slightly increasing remaining investors’ proportional ownership.

This latest tranche of buybacks underscores Imperial Brands’ commitment to capital returns and balance-sheet efficiency. The reduced share count may support earnings per share over time and clarifies the new denominator for shareholders monitoring disclosure and transparency thresholds under UK market 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 PLC is a global tobacco and next-generation products company listed on the London Stock Exchange. It focuses on the manufacture and sale of cigarettes, cigars, and related nicotine products, serving consumers in multiple international markets and returning capital to shareholders through dividends and buybacks.

Average Trading Volume: 2,419,564

Technical Sentiment Signal: Buy

Current Market Cap: £23.96B

For an in-depth examination of IMB stock, go to TipRanks’ Overview page.