Imperial Brands Cuts Share Count with Latest Buyback Tranche

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

Imperial Brands has continued executing its £1.45 billion share repurchase programme by buying back 116,904 ordinary shares on 26 February 2026 at an average price of 3,262.19 pence per share. The transaction was conducted on-exchange via Morgan Stanley and the company intends to cancel all repurchased shares.

Following the cancellation, Imperial Brands’ total ordinary shares in issue will fall to 788,403,853, a reduction that marginally increases existing shareholders’ proportional ownership. The updated share count also becomes the new reference figure for investors and other stakeholders when assessing disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:IMB) stock is a Buy with a £3500.00 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 GB:IMB Stock

According to Spark, TipRanks’ AI Analyst, GB: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 GB:IMB stock, click here.

More about Imperial Brands

Imperial Brands PLC is a global tobacco and nicotine company, primarily focused on manufacturing and selling cigarettes, cigars and next-generation nicotine products. Listed on the London Stock Exchange, it targets international markets and regularly uses capital management tools such as share buybacks to adjust its capital structure and enhance shareholder returns.

Average Trading Volume: 1,956,950

Technical Sentiment Signal: Buy

Current Market Cap: £25.49B

For detailed information about IMB stock, go to TipRanks’ Stock Analysis page.