Imperial Brands PLC - Bristol, England-based tobacco products - Launches the second tranche of its ongoing £1.25 billion share buyback programme, valued at up to £625 million and running until no later than October 29. Barclays will manage the buyback independently under an irrevocable and non-discretionary agreement. All repurchased shares will be cancelled.

The move follows the completion of the first £625 million tranche and is part of an evergreen capital returns plan running through to financial 2030.

Current stock price: 3,075.00 pence, for a total market capitalisation of £25.29 billion

12-month change: up 68%

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