Imperial Brands (GB:IMB) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Imperial Brands PLC has repurchased 170,000 of its ordinary shares as part of a £1.1 billion share buyback program. The shares were bought at an average price of 2,265.87 pence each and will be cancelled, reducing the total number of shares in issue to 844,443,851. This move is part of the company’s ongoing efforts to manage its capital and deliver value to its shareholders.
For further insights into GB:IMB stock, check out TipRanks’ Stock Analysis page.