Imperial Brands PLC Pre-Close Trading Update Call Transcript
Good day, and thank you for standing by. Welcome to the Imperial Brands Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker today, Stefan Bomhard. Please go ahead.
Good morning, everyone, and thank you to all of you for joining us this morning for the announcement of our pre-close trading update. And before I start, I would draw your attention to the disclaimers set out in our trading update, which also applies to the remarks we will make on this call.
And I'm joined here by our CFO, Lukas Paravicini; and by Peter Durman, our Head of Investor Relations.
I'm first going to cover the news about our share buyback before coming on to the trading update, where we announced earlier today will continue to trade in line with expectations.
So first, the buyback, which represents an important milestone in the delivery of our 5-year strategy. Now you will all recall
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