British American Tobacco (GB:BATS) has released an update.
British American Tobacco PLC has executed a share buyback program, purchasing 180,000 ordinary shares at prices ranging from 2515.00p to 2559.00p, with the intention to cancel these shares. This move follows the authority granted by shareholders at the Annual General Meeting and is part of a program announced earlier in March. The buyback will lead to a reduction in the number of shares in issue, potentially impacting shareholder interests under the FCA’s rules.
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