Imperial Brands (GB:IMB) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Imperial Brands PLC has repurchased 266,769 of its own shares as part of a £1.25 billion buyback program, with prices ranging from GBp 2,334.00 to GBp 2,368.00 per share. The company plans to cancel these shares, reducing the total number of shares in issue to 840,650,211. This move is part of their ongoing strategy to manage capital and improve shareholder value.
For further insights into GB:IMB stock, check out TipRanks’ Stock Analysis page.