Imperial Brands, a leading tobacco company, has announced plans for a £1.5 billion share buyback program scheduled for 2027, reaffirming its full-year financial guidance. The buyback forms part of the company’s ongoing “evergreen” shareholder return strategy, which has returned nearly £13 billion to investors through dividends and share repurchases over the past five years.

For the fiscal year ending September 30, Imperial Brands anticipates tobacco net revenue to increase in the low single digits. This growth is attributed to price increases and gains in market share, particularly in key regions such as the United States and Germany, which have helped offset volume declines experienced across the broader group.

The company also projects that adjusted group operating profit will grow within its established target range of 3 percent to 5 percent. This outlook reflects a balance between ongoing challenges in tobacco consumption trends and strategic pricing and market positioning efforts undertaken by Imperial Brands.