Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Share Repurchase Programme

20th Dec 2013 11:42

RNS Number : 1009W
Imperial Tobacco Group PLC
20 December 2013
 



Share Repurchase Programme

 

 

20 December, 2013

 

 

Imperial Tobacco Group PLC - Share Repurchase Programme

 

 

Imperial Tobacco Group PLC (the Company) announces today that it has instructed Morgan Stanley Securities Limited (Morgan Stanley), to commence a discretionary programme to repurchase its own ordinary shares, as a continuation of the on-going share buyback programme of the Company. The repurchased shares will be held as treasury shares or cancelled.

 

Morgan Stanley will carry out share repurchases on behalf of the company at their discretion within certain pre-set parameters and in accordance with the Company's general authority to repurchase ordinary shares, Chapter 12 of the Listing Rules, and the price stipulated by Article 5(1) of the Buy-Back and Stabilisation Regulations 2003. The share repurchase programme is envisaged to last until June 2014, unless terminated earlier by the Company, and will be discontinued in the event the Company ceases to have the necessary general authority to repurchase ordinary shares. The Company confirms that as at 20 December 2013 it has no unpublished price sensitive inside information.

 

Contacts:

 

Tom Corran

Imperial Tobacco Group PLC

Director of Investor Communications

+44 (0) 117 933 7510

 

 

Paul Baker

Morgan Stanley

+44 (0) 207 677 4058

 

Copies of our announcements are available on our website: www.imperial-tobacco.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
POSFBLFLXLFZFBF

Related Shares:

Imperial Brands
FTSE 100 Latest
Value8,809.74
Change53.53