tiprankstipranks
British American Tobacco Launches Share Buyback
Company Announcements

British American Tobacco Launches Share Buyback

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

Pick the best stocks and maximize your portfolio:

British American Tobacco PLC has initiated a share buyback program, set to run from October 15 to December 31, 2024, with the goal of reducing its share capital. The company has authorized Merrill Lynch International to independently purchase up to 223,642,156 shares, which will be subsequently cancelled. This action aligns with the authority granted by shareholders at the 2024 AGM and adheres to relevant market regulations.

For further insights into GB:BATS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskBritish American Tobacco Executes Share Buyback Strategy
TipRanks UK Auto-Generated NewsdeskBritish American Tobacco Executes Share Buyback Program
TipRanks UK Auto-Generated NewsdeskBritish American Tobacco Executes Share Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App