Imperial Brands Executes Share Repurchase and Cancellation
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Imperial Brands PLC has announced the repurchase and cancellation of 210,000 ordinary shares as part of its GBP 1.25 billion share repurchase program, reducing the total shares in issue to 807,156,296. This move may affect shareholder calculations under the Disclosure Guidance and Transparency Rules. Analysts rate the stock as a Buy with a £3402.00 price target, citing strong financial performance and attractive valuation, although caution is advised due to potential overbought conditions.
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