Imperial Brands (IMB)

Sector:

Tobacco

Index:

FTSE 100

1,580.00p
   
  • Change Today:
    -20.00p
  • 52 Week High: 1,674.00p
  • 52 Week Low: 1,219.00p
  • Currency: UK Pounds
  • Shares Issued: 946.41m
  • Volume: 3,803,702
  • Market Cap: £14,953m
  • RiskGrade: 154

Tobacco stocks tumble on reports of possible US nicotine curb

By Abigail Townsend

Date: Tuesday 20 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Global tobacco stocks fell heavily on Tuesday, after it emerged that the Biden administration was considering curbing nicotine levels in cigarettes sold in the US.
According to the Wall Street Journal, citing unnamed sources familiar with the matter, the White House is discussing the measure, along with a potential ban on menthol cigarettes. Nicotine is not known to cause cancer, but it does make smoking more addictive. Flavoured cigarettes, meanwhile, are seen as more appealing to younger people as the menthol taste can mask the more irritating effects of smoking.

Neither the White House nor the US Food and Drug Administration, which regulates tobacco, have commented on the report.

But that did not stop shares in tobacco companies falling sharply on Wall Street and in Europe. On Monday, Altria Group closed down 6% while Philip Morris International, which was spun out of Altria and does not sell in the US, closed 1% lower.

As at 0945 GMT on Tuesday, Altria was off a further 1% in pre-market trading, while in London, British American Tobacco was trading 6% down and Imperial Brands was 5% lower. Stockholm-listed Swedish Match was off 2%.

Altria told CNBC: "Any action that the FDA takes must be based on science and evidence, and must consider the real-world consequences of such actions, including the growth of an illicit market and the impact of hundreds of thousands of jobs from the farm to local stores across the country."

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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 1,580.00p
Change Today -20.00p
% Change -1.25 %
52 Week High 1,674.00p
52 Week Low 1,219.00p
Volume 3,803,702
Shares Issued 946.41m
Market Cap £14,953m
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
58.81% below the market average58.81% below the market average58.81% below the market average58.81% below the market average58.81% below 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 Not Available
Growth
32.22% above the market average32.22% above the market average32.22% above the market average32.22% above the market average32.22% 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

What The Brokers Say

Strong Buy 13
Buy 0
Neutral 6
Sell 0
Strong Sell 1
Total 20
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 19-Aug-21 27-May-21
Paid 30-Sep-21 30-Jun-21
Amount 21.06p 21.06p

Trades for 18-Jun-2021

Time Volume / Share Price
16:45 299 @ 1,581.00p
16:45 299 @ 1,581.00p
16:38 10,192 @ 1,580.00p
16:35 2,194,381 @ 1,580.00p
16:29 74 @ 1,581.00p

Imperial Tobacco Key Personnel

Chair Therese Esperdy
CEO Stefan Bomhard
CFO Lukas Paravicini

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