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The latest update is out from Imperial Brands ( (GB:IMB) ).
Imperial Brands PLC has announced the repurchase and cancellation of 152,276 of its ordinary shares as part of its GBP 1.25 billion share repurchase programme. This transaction, executed through Morgan Stanley on the London Stock Exchange, aims to reduce the overall number of shares in circulation, potentially enhancing shareholder value by increasing earnings per share.
More about Imperial Brands
YTD Price Performance: 1.06%
Average Trading Volume: 2,565,072
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £21.63B
For detailed information about IMB stock, go to TipRanks’ Stock Analysis page.
