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British American Tobacco ( (GB:BATS) ) has provided an announcement.
British American Tobacco announced the repurchase of 116,745 ordinary shares at prices ranging from 2,887.00p to 2,959.00p each, as part of its ongoing share buyback program. This transaction, executed through Merrill Lynch International, will result in the cancellation of the acquired shares, affecting the company’s share capital structure and potentially influencing shareholder interests under regulatory guidelines.
More about British American Tobacco
British American Tobacco p.l.c. is a leading company in the tobacco industry, primarily focused on manufacturing and selling cigarettes and other nicotine products. The company operates globally, maintaining a significant market presence across various regions.
Average Trading Volume: 3,825,792
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £63.46B
For a thorough assessment of BATS stock, go to TipRanks’ Stock Analysis page.