British American Tobacco Executes Share Buyback

British American Tobacco ( (GB:BATS) ) just unveiled an announcement.

British American Tobacco p.l.c. announced the purchase of 110,622 of its ordinary shares as part of a buyback program authorized by shareholders. The shares were bought at prices ranging from 3,114 to 3,164 pence and will be canceled, reducing the total number of shares in issue. This move is part of the company’s strategy to optimize its capital structure and return value to shareholders.

More about British American Tobacco

British American Tobacco p.l.c. operates in the tobacco industry, primarily focusing on the production and sale of cigarettes and other tobacco-related products. The company is known for its global market presence and extensive portfolio of brands.

YTD Price Performance: 9.51%

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Technical Sentiment Consensus Rating: Sell

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