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British American Tobacco ( (GB:BATS) ) has issued an announcement.
British American Tobacco has announced a notification regarding major holdings, indicating a change in voting rights held by The Capital Group Companies, Inc. The notification reveals that The Capital Group Companies now holds 16.103223% of the voting rights in BAT, reflecting an increase from a previous position of 15.075429%. This change signifies an important shift in shareholder composition, which could influence future corporate decisions and strategies.
More about British American Tobacco
British American Tobacco p.l.c. is a leading company in the tobacco industry, primarily involved in the production and sale of cigarettes and other nicotine products. The company, which operates globally, focuses on delivering tobacco products and has been expanding its market presence through strategic investments and acquisitions.
YTD Price Performance: 16.25%
Average Trading Volume: 5,180,044
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £73.67B
For an in-depth examination of BATS stock, go to TipRanks’ Stock Analysis page.
