Imperial Brands Executes Share Repurchase to Enhance Shareholder Value
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Imperial Brands PLC has repurchased and canceled 114,050 ordinary shares as part of its £1.45 billion share repurchase program, executed through Morgan Stanley. This move aims to reduce shares in circulation, potentially increasing shareholder value. The remaining shares total 798,960,299. Analysts rate the stock as a Buy with a £3200.00 price target, while TipRanks’ AI Analyst rates it as Outperform, noting strong financial performance and attractive valuation.
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