11.03.2024 08:15:46 - dpa-AFX: Imperial Brands Announces Second Share Buyback Tranche
BRISTOL (dpa-AFX) - Imperial Brands PLC said, to execute the second tranche
of its share repurchase programme, the company has entered into an irrevocable
and non-discretionary arrangement with Barclays Capital Securities Limited to
repurchase up to 550 million pounds of its shares commencing from 11 March 2024
and expected to end no later than 29 October 2024. All shares repurchased as
part of the arrangement will be cancelled.
In October 2023, Imperial Brands announced it intends to repurchase up to 1.1
billion pounds of shares in the period from 6 October 2023 to the end of
September 2024. The first tranche of the share repurchase programme has been
executed.
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