Dennis Fong

Manav Gupta

Menno Hulshof

Greg Pardy

Patrick O'Rourke

Douglas George Blyth Leggate

Neil Mehta

Adam Alexander Wijaya

- **Imperial Brands Plc** announced a new **£1.45 billion** ($1.9 billion) share buyback program, which will run until **October 2026**, contributing to a total capital return of **over £2.7 billion** to shareholders for the next fiscal year, including dividends.  **[49938_b66c15ad84884b7f82279ba9f24e5189]** 
- The company's performance was in line with expectations, with revenue growth in both tobacco products and next-generation products, the latter growing between **12% and 14%** at constant currency.  **[49938_b66c15ad84884b7f82279ba9f24e5189]** 
- Imperial Brands expects **mid-single-digit growth** in adjusted operating profit and anticipates market share gains in the US, Germany, and Australia.  **[49938_b66c15ad84884b7f82279ba9f24e5189]** 
- **Lukas Paravicini** became CEO in October, following Stefan Bomhard’s retirement.  **[49938_b66c15ad84884b7f82279ba9f24e5189]**

Imperial Brands Announces New Share Buyback Program

- Imperial Oil plans to reduce its workforce by approximately **20%**, which could result in around **1,000 job losses** from its 5,100 employees as of late 2024, by the end of **2027**.  **[49938_ffcbc51f0d7745e3bc4642c2a81167fc]** 
- This restructuring is expected to achieve annual cost savings of **C$150 million** starting in **2028**.  **[49938_ffcbc51f0d7745e3bc4642c2a81167fc]** 
- A one-time pre-tax restructuring charge of about **C$330 million** is anticipated in the **third quarter of 2025**.  **[49938_ffcbc51f0d7745e3bc4642c2a81167fc]**

Imperial Oil Announces Workforce Reduction and Cost Savings Plan

IMPERIAL OIL (IMO)