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| Name | Symbol | Market | Type |
|---|---|---|---|
| Imperial Brands PLC (QX) | USOTC:IMBBY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.072668 | 0.29% | 24.83 | 24.47 | 25.15 | 25.00 | 24.76 | 24.91 | 130,469 | 21:10:12 |
From May 2022 to May 2024
By Anthony O. Goriainoff
Imperial Brands PLC said Thursday that it is launching a share-buyback program of up to one billion pounds ($1.13 billion), and that its performance for the year ended Sept. 30 was in line with expectations.
The FTSE 100 tobacco group--which houses Davidoff, Gauloises and JPS among its brands--said that including dividends and buybacks, total capital returns in fiscal 2023 are expected to be above GBP2.3 billion, and that this represented around 13% of its current market capitalization.
Imperial said that the progress of its next-generation-product launches supports further market rollouts, and that the company is on track to deliver on its five-year plan.
"In line with previous guidance, we expect full-year net revenue and group adjusted operating profit to both grow by around 1% at constant currency," Imperial said.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
October 06, 2022 02:38 ET (06:38 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Imperial Brands (QX) Chart |
1 Month Imperial Brands (QX) Chart |
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