Imperial Brands PLC

IMB

GB0004544929

Tobacco

Market Closed - London S.E. Other stock markets 11:35:08 2024-04-26 am EDT			5-day change	1st Jan Change
1,812 ^GBX	-0.88%		+2.11%	+0.28%

Apr. 22	Jefferies raises B&M to 'hold'	AN
Apr. 09	FTSE 100 Closes Down 0.1% as ECB Rate-Cut Hopes Wane	DJ

Imperial Brands starts second stage of GBP1 billion buyback

March 11, 2024 at 04:40 am EDT

Imperial Brands - Bristol-based tobacco company - Launches second tranche of ongoing programme, announced in early October, to repurchase up to GBP1.1 billion of shares. Says it will repurchase up to GBP550 million of shares for this tranche, starting on Monday and ending no later than October 29. All shares repurchased will be cancelled. First buyback tranche, commenced on October 6, also was worth GBP550 million.

Current stock price: 1,741.50 pence, up 2.9%

12-month change: down 9.3%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Imperial Brands PLC

Jefferies raises B&M to 'hold'	Apr. 22	AN
FTSE 100 Closes Down 0.1% as ECB Rate-Cut Hopes Wane	Apr. 09	DJ
UK investors await inflation data and ECB decision	Apr. 09
Imperial Brands says on track for first-half and full-year guidance	Apr. 09	AN
European shares dip ahead of ECB policy decision; BP shines	Apr. 09	RE
Imperial Brands Affirms FY24 Net Revenue, Adjusted Operating Profit Guidance	Apr. 09	MT
Imperial Brands Backs Half-Year, Full-Year Guidance	Apr. 09	DJ
Imperial Brands expects higher first-half profit on strong tobacco pricing	Apr. 09	RE
Stocks called down ahead of US CPI print	Apr. 09	AN
EMEA Morning Briefing: Stocks Seen Lower as Investors Await Economic Data for Cues	Apr. 09	DJ
Miners and airlines in demand as FTSE 100 climbs	Apr. 08	AN
Biden administration US ban on menthol cigarettes delayed	Apr. 01	RE
Factbox-Companies sell their businesses in Russia	Mar. 28	RE
FTSE 100 Closes Down 0.2% Dragged by Reckitt Fall	Mar. 15	DJ
UK Stocks Edge Up as US Inflation Data Looms	Mar. 11	MT
Imperial Brands starts second stage of GBP1 billion buyback	Mar. 11	AN
Imperial Brands Launches GBP550 Million Second Tranche of Share Buyback Program	Mar. 11	MT
New tax on vapes announced in UK budget, adding excise duty	Mar. 06	AN
The likely winners and losers from the UK budget	Mar. 01	RE
Imperial Brands non-executive director buys USD65,000 shares	Feb. 28	AN
FTSE 100 lags European peers amid weaker US data	Feb. 27	AN
UK Chancellor mulls new vape tax in next week's budget, report	Feb. 27	AN
Stocks in green despite UK hit by recession	Feb. 15	AN
FTSE 100 flat as strong start fades	Feb. 15	AN
EMEA Morning Briefing: Markets to Track Fed Decision, Corporate Earnings	Jan. 31	DJ

Chart Imperial Brands PLC

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Company Profile

Imperial Brands PLC is one of the world's leading manufacturers and marketers of tobacco products. Net sales break down by activity as follows: - manufacture and sale of traditional and new generation tobacco products (66.7%): cigarettes (brands Davidoff, JPS, Parker & Simpson, Fine, West, Lambert & Butler, Winston, News, Bastos, Kool, Gauloises, L&B, Knox, etc.), cigars (Backwoods and Dutch Masters brands), electronic cigarettes (Blu brand), heated tobaccos (Pulze brand), sucking tobaccos (Skruf brand), rolling papers (No. 1 worldwide; Rizla brand); - distribution of tobacco products (33.3%). Net sales are distributed geographically as follows: the United Kingdom (12.1%), Germany (12.7%), the United States (11.3%), France (10.6%), and other (53.3%).

Sector

Tobacco

Calendar

2024-05-15 - Q2 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR) , FTSE 100

More about the company

Income Statement Evolution

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Analysis / Opinion

IMPERIAL BRANDS : Cash is always king

November 14, 2023 at 10:16 am EST

Imperial Brands PLC : Surprising resilience

May 19, 2023 at 05:58 am EDT

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Ratings for Imperial Brands PLC

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

18.12 GBP

Average target price

22.78 GBP

Spread / Average Target

+25.77%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Tobacco

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IMPERIAL BRANDS PLC	+0.28%	19.29B
PHILIP MORRIS INTERNATIONAL, INC.	+1.00%	148B
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GODFREY PHILLIPS INDIA LIMITED	+57.08%	2.07B
PHILIP MORRIS CR	+1.15%	1.86B
VECTOR GROUP LTD.	-8.95%	1.62B
UNIVERSAL CORPORATION	-24.54%	1.25B
TANZANIA CIGARETTE PUBLIC LIMITED COMPANY	0.00%	660M
TURNING POINT BRANDS, INC.	+7.29%	499M
SHAANXI JINYE SCIENCE TECHNOLOGY AND EDUCATION GROUP CO.,LTD	-17.98%	440M

Other Tobacco

Imperial Brands PLC

Equities

IMB

GB0004544929

Tobacco

Imperial Brands starts second stage of GBP1 billion buyback

EPS Revisions