BAT Executes Share Buyback, Plans Cancellation

British American Tobacco (BTI) has released an update.

British American Tobacco (BAT) has announced a share buyback on March 19, 2024, purchasing 300,000 shares at prices ranging from 2,393.50p to 2,434.50p, with plans to cancel the acquired shares. Post-transaction, the company’s issued share count will be 2,235,842,848, excluding treasury shares, which amount to 220,523,018. This move may impact shareholders’ notification requirements under the FCA’s rules.

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