British American Tobacco (GB:BATS) has released an update.
British American Tobacco has repurchased 94,319 of its ordinary shares as part of its ongoing buyback program, with prices ranging from 2,713p to 2,761p per share. The company plans to cancel these shares, reducing the total number of shares in circulation, a move that often aims to increase shareholder value. This transaction reflects BAT’s strategic efforts to manage its capital and reward investors.
For further insights into GB:BATS stock, check out TipRanks’ Stock Analysis page.
