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British American Tobacco ( (GB:BATS) ) has issued an announcement.
British American Tobacco has executed a buyback program, purchasing 126,120 of its own shares at an average price of 3,212.1205 pence each. The acquisition and subsequent cancellation of these shares aim to optimize capital structure and could potentially enhance shareholder value. Following the transaction, the company’s issued share capital stands adjusted, impacting shareholders’ disclosures under the FCA’s rules.
More about British American Tobacco
British American Tobacco is a leading company in the tobacco industry, primarily offering cigarettes and other nicotine products. The company focuses on delivering reduced-risk products, aiming to capture a significant market share in the evolving global tobacco sector.
YTD Price Performance: 11.81%
Average Trading Volume: 5,082,636
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £70.43B
For a thorough assessment of BATS stock, go to TipRanks’ Stock Analysis page.
