Imperial Brands Shares Up—Buyback May Have More to Prove
Imperial Brands PLC stock ticked up in London on Monday. Investors kept watching the tobacco company’s plans for cash returns, after shares have struggled and some are doubtful the firm can keep its cigarette share. Imperial Brands shares traded at 2,768 pence on the sell side and 2,769 pence to buy at 13:54 BST, showing a 7 pence gain, or 0.25%, on delayed data. The FTSE 100 was up 0.07%. Sector data from Barclays had tobacco stocks higher by 1.47%.