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British American Tobacco Executes Share Buyback and Cancellation
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British American Tobacco Executes Share Buyback and Cancellation

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British American Tobacco ( (GB:BATS) ) has shared an update.

British American Tobacco announced the buyback of 116,867 ordinary shares as part of its ongoing share repurchase program, a move authorized by shareholders. The purchased shares will be canceled, reducing the total number of shares in issue and potentially impacting shareholder voting rights and interests.

More about British American Tobacco

British American Tobacco p.l.c. operates in the tobacco industry, focusing on the production and sale of cigarettes and other nicotine-based products. The company is a prominent player in the global tobacco market, serving a wide range of customers across different geographical locations.

YTD Price Performance: 16.25%

Average Trading Volume: 5,180,044

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £73.67B

Learn more about BATS stock on TipRanks’ Stock Analysis page.

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