Imperial Brands Advances Share Buyback Plan

Imperial Brands (GB:IMB) has released an update.

Imperial Brands PLC has announced the buyback and cancellation of 31,665 of its shares on June 4, 2024, as part of its GBP 1.1 billion repurchase initiative launched in October 2023. This transaction, conducted through Barclays on the London Stock Exchange, will reduce the total number of ordinary shares to 859,523,194, excluding treasury shares. Shareholders may use this new share count as a reference for reporting obligations.

For further insights into GB:IMB stock, check out TipRanks’ Stock Analysis page.

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