Imperial Brands PLC Share Repurchase Programme

Imperial Brands PLC, a leading tobacco company, has been actively repurchasing its own shares as part of its GBP 1.25 billion share repurchase programme.

• The company has made multiple transactions in its own shares over the past few days, purchasing a significant number of shares at various price points.
• The share repurchases have been conducted through Barclays Capital Securities Limited and are subject to the rules of the London Stock Exchange.

Share Repurchase Details

• The company intends to cancel the repurchased shares, which will result in a decrease in the total number of outstanding shares.
• This move is expected to have a positive impact on the company’s earnings per share.

Programme Context

• The share repurchase programme is part of Imperial Brands PLC’s ongoing efforts to manage its capital structure and return value to shareholders.
• The company’s intention to cancel the repurchased shares may also be seen as a sign of confidence in its future prospects.