1st May 2025 10:38
Imperial Brands PLC - Bristol, England-based tobacco products - Launches the second tranche of its ongoing GBP1.25 billion share buyback programme, valued at up to GBP625 million and running until no later than October 29. Barclays will manage the buyback independently under an irrevocable and non-discretionary agreement. All repurchased shares will be cancelled.
The move follows the completion of the first GBP625 million tranche and is part of an evergreen capital returns plan running through to financial 2030.
Current stock price: 3,075.00 pence, for a total market capitalisation of GBP25.29 billion
12-month change: up 68%
By Eva Castanedo, Alliance News reporter
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