Imperial Brands PLC Price & Performance (IMBBF)

Imperial Brands has commenced the second phase of its £1.25 billion share repurchase plan, with Barclays overseeing the buyback independently. All acquired shares will be cancelled, reflecting the company’s ongoing strategy to enhance shareholder value. The programme will run until October 29, reinforcing a long-term capital returns commitment.12

Imperial Brands continues to attract investors with a 6.25% dividend yield and strong analyst support—eight buy ratings and two holds. The company’s robust free cash flow and high return on equity underpin its financial strength, while technical trends suggest further room for stock appreciation in the coming months.34

Imperial Brands’ stock has shown resilience, hovering near its 52-week high despite a minor recent decline. The company’s forward P/E ratio remains unusually high, raising questions about future growth expectations. Nevertheless, positive technical indicators and steady revenue growth highlight continued investor confidence in the tobacco giant.35