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British American Tobacco ( (GB:BATS) ) has issued an announcement.
British American Tobacco announced the purchase of 74,069 ordinary shares as part of its buyback program authorized by shareholders, with plans to cancel these shares. This action reduces the number of shares in circulation, potentially impacting shareholder value and market perception of the company’s financial health.
More about British American Tobacco
British American Tobacco is a leading company in the tobacco industry, primarily engaged in the production and sale of cigarettes and other tobacco-related products.
YTD Price Performance: 38.66%
Average Trading Volume: 3,882,626
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £65.45B
For an in-depth examination of BATS stock, go to TipRanks’ Stock Analysis page.
