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An announcement from British American Tobacco ( (GB:BATS) ) is now available.
British American Tobacco p.l.c. announced the purchase and cancellation of 131,455 of its ordinary shares as part of its previously announced buyback programme. This action reduces the total number of shares in circulation, potentially increasing the value of remaining shares and signaling confidence in the company’s financial stability, which may impact investor perceptions and market positioning.
More about British American Tobacco
British American Tobacco p.l.c. is a major player in the global tobacco industry, primarily engaged in the production and sale of cigarettes and other nicotine products. The company operates in a competitive market, focusing on delivering a wide range of tobacco and nicotine-related products to a global customer base.
YTD Price Performance: 2.85%
Average Trading Volume: 4,703,770
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £65.23B
Learn more about BATS stock on TipRanks’ Stock Analysis page.
