Imperial Brands PLC (IMB), the FTSE-listed multinational tobacco and next-generation products group, has announced the purchase for cancellation of 834,030 ordinary shares of 10 pence each across five trading days between 2 and 6 November 2026. The buyback forms part of the company's £750 million share repurchase programme, which was announced on 8 October 2026. Following settlement and cancellation, the remaining ordinary shares in issue will stand at 754,060,210, a figure that investors and those with notification obligations should use as the denominator for FCA disclosure calculations.

Key Points

  • Imperial Brands PLC (IMB) is a multinational tobacco group listed on the London Stock Exchange
  • 834,030 ordinary shares were purchased for cancellation between 2 and 6 November 2026 under a £750 million buyback programme
  • Volume weighted average prices ranged from approximately 2,952p to 3,029p per share across the five trading days
  • Investors should monitor further weekly buyback disclosures as the £750 million programme continues to run

Imperial Brands Executes Five-Day Buyback Totalling 834,030 Shares Under £750 Million Programme

The announcement confirms that Imperial Brands purchased its ordinary shares across five consecutive trading sessions. On 2 November 2026, 99,786 shares were acquired at a volume weighted average price of 2,986.81 pence. The following day, 149,682 shares were bought at a weighted average of 2,953.32 pence. On 4 November, 118,031 shares were purchased at 2,952.66 pence, followed by 126,626 shares at 3,029.95 pence on 5 November. The largest single-day tranche was executed on 6 November, with 339,905 shares acquired at a weighted average of 2,975.64 pence per share.

All Transactions Executed Through HSBC Bank PLC on the London Stock Exchange

The announcement states that all purchases were made from HSBC Bank plc as on-exchange transactions, subject to the rules of the London Stock Exchange. The buybacks were conducted in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014, the Market Abuse Regulation, with full individual trade-level data attached to the company update. The highest price paid during the period was 3,070 pence per share on 5 November 2026, while the lowest price paid across the entire five-day window was 2,912 pence, recorded on 4 November 2026.

Post-Cancellation Share Count Falls to 754,060,210 for FCA Denominator Purposes

Following settlement and cancellation of the 834,030 purchased shares, Imperial Brands confirms that 754,060,210 ordinary shares will remain in issue, excluding treasury shares. The company states this figure should serve as the denominator for shareholders and others with notification obligations when calculating whether they are required to disclose interests or changes in interests under the FCA's Disclosure Guidance and Transparency Rules. Investors monitoring their proportional holdings in Imperial Brands should update their calculations accordingly as further tranches are cancelled throughout the ongoing repurchase programme.