Imperial Brands (IMB)

Sector:

Tobacco

Index:

FTSE 100

1,944.50p
   
  • Change Today:
      5.00p
  • 52 Week High: 1,994.00
  • 52 Week Low: 1,580.00
  • Currency: UK Pounds
  • Shares Issued: 861.13m
  • Volume: 1,757,374
  • Market Cap: £16,745m
  • RiskGrade: 154

Imperial Brands delays sale of worldwide premium cigars business

By Michele Maatouk

Date: Monday 28 Sep 2020

LONDON (ShareCast) - (Sharecast News) - The sale of Imperial Brands' worldwide premium cigars business has been delayed due to the Covid-19 crisis.
The company agreed in April to sell Premium Cigars for €1.3bn, of which €1.1bn will be used to reduce debt.

"Given the challenges caused by Covid, Imperial has agreed to complete both transactions on 29 October 2020, slightly delayed from the original timetable," it said.

Imperial said the purchasers, Gemstone Investment Holding and Allied Cigar Corporation, have made a non-refundable down payment of €91.7m. They have also agreed to pay a further non-refundable down payment of around €85m to Imperial by 7 October.

In addition, Imperial has agreed to provide a six-month vendor loan at completion of up to €250m while the buyers finalise long-term financing arrangements.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Imperial Tobacco Market Data

Currency UK Pounds
Share Price 1,944.50p
Change Today 5.00p
% Change 0.26 %
52 Week High 1,994.00
52 Week Low 1,580.00
Volume 1,757,374
Shares Issued 861.13m
Market Cap £16,745m
RiskGrade 154

Imperial Tobacco Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
36.42% above the market average36.42% above the market average36.42% above the market average36.42% above the market average36.42% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
97.48% above the market average97.48% above the market average97.48% above the market average97.48% above the market average97.48% above the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
59.14% below the market average59.14% below the market average59.14% below the market average59.14% below the market average59.14% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 3
Buy 5
Neutral 3
Sell 1
Strong Sell 0
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Imperial Tobacco Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 22-Aug-24 23-May-24
Paid 30-Sep-24 28-Jun-24
Amount 22.45p 22.45p

Trades for 21-May-2024

Time Volume / Share Price
17:24 6,484 @ 1,944.50p
17:24 2,810 @ 1,944.50p
17:23 9,720 @ 1,944.50p
16:43 684 @ 1,944.50p
16:35 350,000 @ 1,945.56p

Imperial Tobacco Key Personnel

Chair Therese Esperdy
CEO Stefan Bomhard
CFO Lukas Paravicini

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