Imperial Brands share price drops nearly 2% in London trade as buyback rolls on, tobacco bill in focus
Imperial Brands shares fell 1.8% to 3,241 pence in early London trading Tuesday, reversing part of Monday’s gain. The drop followed the company’s disclosure of a 597,332-share buyback for cancellation and came as UK lawmakers began the report stage of the Tobacco and Vapes Bill. Rival British American Tobacco slipped 0.4%.