British American Tobacco Share Buyback Update

British American Tobacco (BTI) has released an update.

British American Tobacco p.l.c. has announced a buyback of 659,996 of its own shares at a volume weighted average price of 2476.80p per share, as part of its share repurchase program initiated on 18 March 2024. The shares were bought from Merrill Lynch International on 16 May 2024 and will be cancelled, reducing the number of ordinary shares in issue and potentially impacting shareholder notification requirements under the FCA’s rules.

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