Imperial Brands Launches £725 Million Share Buyback Program
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Imperial Brands PLC has announced a £725 million share buyback program, part of a larger plan to repurchase up to £1.45 billion by October 2026. This initiative aims to reduce capital and enhance shareholder returns, executed by Morgan Stanley. The latest analyst rating for GB:IMB is a Buy with a £3100.00 price target. Spark's AI Analyst rates GB:IMB as Outperform, citing strong financial performance and attractive valuation, though caution is advised due to potential overbought conditions.
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