Imperial Brands stock gains support from buyback cancellation and fresh Buy rating

Published on 09/17/2026 at 14:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Imperial Brands stock traded at 2,507.00 GBp on the London Stock Exchange on September 16, 2026, close to its recent range and above the 52-week low. A fresh Buy rating with a GBP 35.00 price target adds support to the shares.

Imperial Brands, GB0004544929, Illustration mit AI erstellt.

Imperial Brands PLC stock (ISIN GB0004544929) traded at 2,507.00 GBp on the London Stock Exchange on September 16, 2026, down 0.36 percent from a previous close of 2,516.00 GBp and still above a 52-week low of 2,437.00 GBp, giving investors a concrete picture of the current valuation range.

Buyback cancellation tightens share count

According to The Globe and Mail on September 17, 2026, Imperial Brands has reduced its share count through the latest cancellation of shares repurchased under its buyback program, a move that mechanically lifts earnings per share over time by spreading profits over fewer shares.

The buyback cancellation follows the company’s ongoing capital-return strategy, which has combined regular dividends with opportunistic repurchases when the stock trades at what management views as a discount to intrinsic value. For shareholders, a lower share count can be attractive when it is backed by solid cash generation from the underlying tobacco and next-generation products business.

Fresh Buy rating and GBP 35.00 price target

The most recent analyst view adds a clear external signal: the same Globe and Mail report notes that the latest rating on Imperial Brands stock is Buy with a price target of GBP 35.00, implying potential upside of around 39.6 percent from the closing level of 2,507.00 GBp on September 16, 2026 when converted to 35.00 GBP versus 25.07 GBP for the share price.The Globe and Mail

As summarized in a recent corporate-news wrap, Imperial Brands stock closed the session on September 16, 2026 at 2,507.00 GBp, close to an intraday low of 2,494.00 GBp and still above the 52-week floor of 2,437.00 GBp, indicating that the shares are trading nearer the lower end of their one-year range than the high.Ad-hoc-news

Recent trading levels and valuation indicators

Imperial Brands’ primary listing is on the London Stock Exchange under the ticker IMB, where the shares recently traded around 2,490.00 to 2,515.00 GBp on September 17, 2026 with a day change of minus 26.00 GBp, or minus 1.03 percent, and a reported volume of about 1,350,000 shares in that session, illustrating active trading at a modest discount to the prior close.Investing.com

The same price context shows that the current level in the 2,490.00 to 2,515.00 GBp band is relatively close to the 52-week low of 2,437.00 GBp reported on September 16, 2026 while remaining below any implied 52-week highs mentioned in recent coverage, suggesting that the stock is priced toward the lower half of its yearly trading corridor rather than at an extended high.Ad-hoc-news

Stock level as of the latest completed session

Based on the latest completed London trading session, Imperial Brands stock closed at 2,507.00 GBp on September 16, 2026 on the London Stock Exchange, a decline of 9.00 GBp or 0.36 percent compared with the previous close of 2,516.00 GBp, and this price as of that date forms the reference point for current assessments of upside versus the GBP 35.00 analyst target.