30th Oct 2024 08:52
Imperial Brands PLC - Bristol, England-based tobacco products - Engages US investment bank Morgan Stanley to run the first part of the GBP1.25 billion share buyback that Imperial announced earlier this month. The GBP625 million tranche starts on Wednesday and will be completed by April 29. "This is part of the company's commitment to an ongoing, multi-year buyback programme that will deliver a material reduction in the capital base over time, which, together with our progressive dividend policy, will provide an ongoing source of shareholder returns," Imperial says. Read More
