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British American Tobacco ( (GB:BATS) ) just unveiled an update.
British American Tobacco p.l.c. has announced the purchase of 90,648 of its ordinary shares, at prices ranging from 2,856.00 to 2,888.00 pence, as part of its share buyback program. The company plans to cancel these shares, which will adjust its total ordinary shares in issue to 2,209,739,020. This move is part of a broader strategy to manage its capital structure and provide value to shareholders, potentially impacting its market positioning and the interest of stakeholders under the FCA’s rules.
More about British American Tobacco
British American Tobacco p.l.c. operates in the tobacco industry and is a leading global company engaged in the production and sale of tobacco products. Its primary products include cigarettes and other nicotine products, with a significant market presence across various international markets.
YTD Price Performance: 37.19%
Average Trading Volume: 4,005,673
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £63.45B
Learn more about BATS stock on TipRanks’ Stock Analysis page.
