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The latest announcement is out from British American Tobacco ( (GB:BATS) ).
British American Tobacco p.l.c. announced a buyback of 88,046 shares as part of its buyback program, with the intent to cancel these shares, thereby altering the company’s share structure. This transaction, aligned with shareholder authority, is likely aimed at enhancing shareholder value and adjusting capital structure, impacting overall voting rights and share distribution.
More about British American Tobacco
British American Tobacco p.l.c. is a leading multinational company in the tobacco industry, primarily focusing on the production and sale of cigarettes, tobacco, and nicotine products. The company is committed to delivering reduced-risk tobacco alternatives and operates across various markets globally.
YTD Price Performance: 39.12%
Average Trading Volume: 3,895,673
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £65.66B
Learn more about BATS stock on TipRanks’ Stock Analysis page.
