British American Tobacco (GB:BATS) has released an update.
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British American Tobacco has repurchased 70,701 of its ordinary shares as part of a buyback program, with plans to cancel them. This move is part of the company’s strategy to enhance shareholder value and manage its capital structure. Following this transaction, the company will have over 2.2 billion shares available for trading, potentially influencing investor interest and market dynamics.
For further insights into GB:BATS stock, check out TipRanks’ Stock Analysis page.