Imperial Brands PLC Recovers Own Shares Amid Billion-Pound Repurchase Scheme

Imperial Brands PLC, one of the globe’s leading producers of tobacco, has recently made headlines by purchasing a large fraction of its own shares for cancellation. The strategy employed by the company is part of a wider £1.25 billion share repurchase programme, first announced in late 2024. A strategy typically reserved for periods of strong liquidity and decreased share prices, it shows a keen sense of market dynamics and stakeholder management. The most recent transaction, dated 11th April 2025, involved the repurchase of 75,563 ordinary shares.

Post-settlement, the buying back and cancellation of these shares have led to a decrease in the total number of Imperial Brands’ ordinary shares in circulation. The new total sits at 824,050,253, not inclusive of treasury shares. This figure will be of interest to shareholders and others with notification obligations as they will use it to determine if they are required to notify their interest in, or any change in their interest in, the Company pursuant to the Disclosure Guidance and Transparency Rules.