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The latest update is out from British American Tobacco ( (GB:BATS) ).
British American Tobacco has announced the repurchase of 63,167 of its ordinary shares as part of its buyback program. The company intends to cancel these shares, which will result in 2,210,162,825 ordinary shares remaining in issue, excluding treasury shares. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about British American Tobacco
British American Tobacco is a leading company in the tobacco industry, primarily involved in the production and sale of cigarettes and other nicotine-based products. The company is focused on maintaining a significant presence in the global market with a wide range of tobacco brands.
YTD Price Performance: 39.73%
Average Trading Volume: 3,928,929
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £65.95B
Learn more about BATS stock on TipRanks’ Stock Analysis page.
