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British American Tobacco ( (GB:BATS) ) has provided an announcement.
British American Tobacco has proceeded with a share buyback program, acquiring 116,102 of its ordinary shares at prices ranging from 3,143.00p to 3,184.00p per share. This move, executed through Merrill Lynch International, is part of a broader strategy to enhance shareholder value, with the purchased shares set to be canceled. The buyback impacts the company’s share capital, reducing the number of shares in circulation, which could influence shareholder voting rights and regulatory disclosure requirements.
More about British American Tobacco
British American Tobacco p.l.c. operates in the tobacco industry, focusing on the production of cigarettes and other nicotine products. The company is a leading multinational tobacco giant with a significant market presence worldwide.
YTD Price Performance: 10.10%
Average Trading Volume: 4,941,990
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £69.85B
For detailed information about BATS stock, go to TipRanks’ Stock Analysis page.
