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British American Tobacco Advances Share Buyback

British American Tobacco Advances Share Buyback

British American Tobacco (GB:BATS) has released an update.

British American Tobacco PLC has announced the purchase of 62,963 of its own ordinary shares as part of its stock buyback program initiated on 18 March 2024. The shares were acquired on 9 October 2024 through Goldman Sachs International at prices ranging from 2,687.00p to 2,701.00p, with the intention to cancel them, thereby reducing the total number of shares in issue (excluding treasury shares). This move could potentially be of interest to shareholders and those tracking the company’s stock market performance.

For further insights into GB:BATS stock, check out TipRanks’ Stock Analysis page.

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