Imperial Brands share price today: IMB ticks up as buyback keeps running and dividend dates near
Summary
Imperial Brands' share price increased by roughly 0.5% in early London trading, driven by ongoing share repurchases as part of a £1.45 billion buyback program. Investors are focusing on the upcoming Annual General Meeting (AGM) on January 28th and the ex-dividend date in February. The company purchased 194,893 shares on Friday, and several non-executive directors reinvested dividends into shares. Despite challenges like declining cigarette volumes and stricter regulations, Imperial Brands aims for 3%-5% annual profit growth and plans continued share buybacks through 2030. However, risks remain, including potential tax increases and regulatory changes that could impact cash flow.
(Source:TechStock²)