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 and cancelled 238,011 of its ordinary shares as part of a £1.25 billion share buyback program, with shares bought at an average price of GBp 2,338.22. This transaction, conducted through Morgan Stanley, reduces the total number of shares in issue to 840,168,649, which may impact shareholder calculations under transparency rules.
For further insights into GB:IMB stock, check out TipRanks’ Stock Analysis page.