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India

Imperial Brands PLC (IMBBY.PK)

IMBBY.PK on OTC Markets Group

26.83USD
19 Jul 2019
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Latest Key Developments (Source: Significant Developments)

Imperial Brands To Revise Dividend Policy, Announces Share Buyback
Monday, 8 Jul 2019 

July 8 (Reuters) - Imperial Brands PLC ::CAPITAL ALLOCATION & SHAREHOLDER DISTRIBUTIONS.REVISED PROGRESSIVE DIVIDEND GROWTH POLICY THEREAFTER.DIVESTMENT PROGRAMME ON TRACK.RETURN SURPLUS CASH, INCLUDING VIA SHARE BUYBACKS; UP TO £200M SHARE BUYBACK ANNOUNCED.2019 DIVIDEND UNCHANGED AT 10% GROWTH.WILL ASSESS MOST APPROPRIATE USE OF PROCEEDS FROM BUYBACK AT TIME INCLUDING DEBT REDUCTION AND SHARE BUYBACKS.ON TRACK TO REALISE PROCEEDS OF UP TO £2 BILLION BEFORE MAY 2020.SEES REVISED CAPITAL ALLOCATION TO DELIVER CONTINUED INVESTMENT IN ORGANIC GROWTH OPPORTUNITIES IN TOBACCO, NEXT GENERATION PRODUCTS.SEES REVISED CAPITAL ALLOCATION TO DELIVER INVESTMENT IN TARGETED M&A OPPORTUNITIES IN NGP PORTFOLIO.  Full Article

Imperial Brands Reiterates Overall FY Revenue And EPS Outlook
Tuesday, 11 Jun 2019 

June 11 (Reuters) - Imperial Brands Plc ::IMPERIAL BRANDS SAYS IN ISOLATION, TOBACCO BUSINESS PERFORMING AT LOWER END OF 1%-4% OVERALL REVENUE GUIDANCE RANGE FOR FY.REITERATES OVERALL FY REVENUE AND EPS OUTLOOK.SAYS OVERALL PRICING IS GOOD IN THE U.S. TOBACCO MARKET.SAYS A MODEST MOVE INTO THE CANNABIS MARKET IS SOMETHING THAT IMPERIAL IS LOOKING AT.SAYS REMAINS COMFORTABLE AROUND THE AFFORDIBILITY OF ITS DIVIDEND.  Full Article

Imperial Brands Says Seeing Little Bit Of Short-Term Pressure In Terms Of Share In Germany
Tuesday, 11 Jun 2019 

June 11 (Reuters) - Imperial Brands Plc ::IMPERIAL BRANDS SAYS EXPECTS BLU BUSINESS TAKING ITS REVENUE GROWTH UP AND AS OF NEXT YEAR START TO ADD TO PROFIT AS WELL.IMPERIAL BRANDS SAYS FROM THE VOLUME GUIDANCE PERSPECTIVE CO IS IN THE 4.5-5% DECLINE RANGE FOR THE U.S. MARKET FOR THE YEAR.IMPERIAL BRANDS SAYS IN GERMANY, CO IS SEEING LITTLE BIT OF SHORT TERM PRESSURE IN TERMS OF SHARE .IMPERIAL BRANDS SAYS FRANCE MARKET CONTINUES TO BE DIFFICULT, PARTLY BECAUSE OF EXCISE INCREASES.  Full Article

Imperial Brands Says began Process To Identify New Non-Executive Chairman
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Imperial Brands PLC ::IMPERIAL BRANDS PLC CHAIRMAN.RECENTLY INITIATED A PROCESS TO SEARCH FOR A NON-EXECUTIVE CHAIRMAN TO SUCCEED MARK WILLIAMSON.WILLIAMSON WILL REMAIN AS CHAIRMAN UNTIL HIS SUCCESSOR HAS BEEN FOUND AND TO ENSURE AN ORDERLY HANDOVER OF RESPONSIBILITIES.IN ANTICIPATION OF REQUIREMENTS OF NEW UK CORPORATE CODE REGARDING CHAIRMAN'S TENURE ON BOARD, INITIATED SEARCH FOR WILLIAMSON.  Full Article

Imperial Brands Says Sue Clark To Take On Role Of Chair Of Remuneration Committee
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Imperial Brands PLC ::CHANGE OF REMUNERATION COMMITTEE CHAIR.SUE CLARK, NON-EXECUTIVE DIRECTOR WILL TAKE ON ROLE OF CHAIR OF REMUNERATION COMMITTEE..CLARK SUCCEEDS MALCOLM WYMAN, SENIOR INDEPENDENT DIRECTOR.MALCOLM WYMAN WILL REMAIN AS SENIOR INDEPENDENT DIRECTOR.  Full Article

Imperial Brands Says Developing A Connected Version Of Myblu
Friday, 16 Nov 2018 

Nov 16 (Reuters) - Imperial Brands PLC ::IMPERIAL BRANDS PLC - STATEMENT RE FDA ANNOUNCEMENT.IMPERIAL BRANDS PLC SAYS "WELCOME US FOOD AND DRUG ADMINISTRATION'S (FDA) MOVES TO PREVENT YOUTH ACCESS TO TOBACCO AND VAPOUR PRODUCTS".IMPERIAL BRANDS PLC - DEVELOPING A CONNECTED VERSION OF MYBLU WITH DEVICE LOCKING TECHNOLOGY.  Full Article

Imperial Brands Confirms FY Outlook, To Launch New Heated Tobacco Product
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Imperial Brands PLC ::TRADING STATEMENT.CONFIRMING IT IS ON TRACK TO DELIVER FULL YEAR CONSTANT CURRENCY REVENUE AND EARNINGS IN LINE WITH GUIDANCE RANGE..ANNOUNCING PLANS TO LAUNCH, PULZE, A HEATED TOBACCO PRODUCT EARLY NEXT CALENDAR YEAR.REMAIN ON TRACK TO DELIVER FULL YEAR CONSTANT CURRENCY REVENUE AND EARNINGS GROWTH IN LINE WITH OUR GUIDANCE RANGE..CO'S NGP AMBITIONS REFLECTED IN MANAGEMENT INCENTIVES TO DELIVER COMPOUND ANNUAL REVENUE GROWTH OF 35-150% OVER THREE YEARS TO FY20.NGP IS ON TRACK WITH SALES OF MYBLU BUILDING IN KEY VAPOUR MARKETS.TOBACCO VOLUMES FOR FULL YEAR WILL OUTPERFORM INDUSTRY, ALBEIT SECOND HALF VOLUMES WERE SLIGHTLY WEAKER THAN FIRST.ONGOING COST OPTIMISATION SAVINGS WILL BE SLIGHTLY ABOVE ORIGINAL EXPECTATIONS OF £100 MILLION.DIVESTMENT PROGRAMME ANNOUNCED IN INTERIM RESULTS IS ON TRACK AND PROGRESSING WELL.STRONG GROWTH IN SALES OF MYBLU, WITH INCREASING RATE OF POD REPURCHASE, REFLECTS POSITIVE RESPONSE FROM SMOKERS, VAPERS, RETAILERS.  Full Article

Japan Tobacco Group agrees to acquire tobacco business of Akij Group in Bangladesh
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Japan Tobacco Inc <2914.T>:Says the company announces today that the JT Group has signed an agreement to acquire the tobacco business of Akij Group the second largest tobacco company in Bangladesh, further increasing its presence in Asia.The purchase price for the transaction is estimated at around 124.3 billion Bangladeshi taka(164.5 billion yen).Transfer date is the third quarter of the fiscal year 2018 .  Full Article

Japan Tobacco Group completes acquisition of Russia’s Donskoy Tabak
Wednesday, 1 Aug 2018 

Aug 1(Reuters) - Japan Tobacco Inc <2914.T>:Says its group completes acquisition of Russia’s Donskoy Tabak.  Full Article

Imperial Brands Announces Proposed Sell Down Of Minority Stake In Logista
Monday, 30 Jul 2018 

July 30 (Reuters) - Imperial Brands PLC ::PROPOSED SELL DOWN OF MINORITY STAKE IN LOGISTA.LAUNCH OF PLACING OF UP TO 13.3 ORDINARY SHARES IN LOGISTA.PLACING SHARES ARE HELD INDIRECTLY BY IMPERIAL BRANDS AND REPRESENT ABOUT 9.99 PERCENT OF CO'S EXISTING ISSUED ORDINARY SHARE CAPITAL.  Full Article

UPDATE 1-UK Stocks-Factors to watch on July 9

July 9 Britain's FTSE 100 index is seen opening 17 points lower at 7,532 on Tuesday, according to financial bookmakers, with futures down 0.18% ahead of the cash market open.