Imperial Brands PLC Share Repurchases
Imperial Brands PLC has been executing a share repurchase program initiated in October 2024, with a total value of GBP 1.25 billion.
- The company has made multiple transactions to purchase its shares, with the most recent being on June 20, where it bought back 120,000 shares.
- The average price paid for these shares was approximately GBP 2,958.
Purpose of Share Repurchases
The share repurchase program is likely aimed at returning value to shareholders and potentially supporting the company’s stock price.
Auxly Cannabis Group Inc. Agreement
Auxly Cannabis Group Inc. has announced a non-binding agreement to amend and extend its credit facility with BMO and settle all amounts owing to Imperial Brands.
- The agreement may have a positive impact on Imperial Brands’ financial situation.