Imperial Brands Executes Share Buyback and Cancellation

Imperial Brands ( (GB:IMB) ) just unveiled an announcement.

Imperial Brands PLC announced the repurchase and cancellation of 317,512 ordinary shares as part of its GBP 1.25 billion share repurchase program. This transaction, executed on the London Stock Exchange through Morgan Stanley, reduces the total number of shares in issue to 826,125,606, impacting shareholder calculations under the Disclosure Guidance and Transparency Rules.

More about Imperial Brands

Imperial Brands PLC operates in the tobacco industry, primarily focusing on the manufacture and sale of tobacco products. The company is known for its wide range of cigarettes, cigars, and other tobacco-related products, catering to a global market.

YTD Price Performance: 9.22%

Average Trading Volume: 2,479,260

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £22.67B

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