British American Tobacco Executes Share Buyback to Consolidate Share Base

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British American Tobacco Executes Share Buyback to Consolidate Share Base

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

British American Tobacco has executed a buyback of 99,582 of its ordinary shares as part of its ongoing repurchase program, with plans to cancel the purchased shares. This transaction aims to consolidate the company’s share base, potentially enhancing shareholder value and signaling confidence in its financial position.

More about British American Tobacco

British American Tobacco p.l.c. operates in the tobacco industry, focusing on the production and distribution of cigarettes and other tobacco-related products. The company is a major player in the global market, known for its wide range of well-established brands.

YTD Price Performance: 17.81%

Average Trading Volume: 5,196,019

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £74.59B

See more data about BATS stock on TipRanks’ Stock Analysis page.

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