British American Tobacco (GB:BATS) has released an update.
British American Tobacco has announced a significant share buyback, purchasing 89,170 ordinary shares at prices ranging between 2766.00p and 2789.00p, with a volume weighted average of 2776.33p per share. The company will be cancelling these shares, reducing the total number of shares in issue and potentially increasing the value of remaining shares. This move follows the authority granted by shareholders at the Annual General Meeting earlier in the year and is part of an ongoing buyback programme.
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