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The latest announcement is out from British American Tobacco ( (GB:BATS) ).
British American Tobacco announced the continuation of its share buyback programme, entering into an agreement with Merrill Lynch International to repurchase and cancel ordinary shares. This move, set to take place between January 2 and February 12, 2025, aims to reduce share capital and is conducted under specific regulatory guidelines, highlighting the company’s commitment to enhancing shareholder value.
More about British American Tobacco
British American Tobacco p.l.c. operates in the tobacco industry, primarily producing and selling tobacco products such as cigarettes and other nicotine products. The company has a significant market presence and focuses on maintaining shareholder value through strategic financial operations.
YTD Price Performance: 38.66%
Average Trading Volume: 3,882,626
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £65.45B
For a thorough assessment of BATS stock, go to TipRanks’ Stock Analysis page.
