Imperial Brands share price drops nearly 2% in London trade as buyback rolls on, tobacco bill in focus
Summary
Imperial Brands experienced a nearly 2% drop in its share price in London trading on February 24, 2026, following Monday’s gains. This decline occurred as the company continues its £1.45 billion share repurchase program, having recently bought back 597,332 shares. Investors are closely monitoring the UK’s Tobacco and Vapes Bill, currently in its report stage in the House of Lords, as potential amendments could significantly impact the tobacco industry. While buybacks can boost earnings per share, regulatory risks and market sentiment continue to influence the stock's performance. British American Tobacco also saw a slight dip in its share price. Traders are awaiting Imperial Brands’ final dividend in March and a trading update in April for further clarity.
(Source:TechStock²)