British American Tobacco (GB:BATS) has released an update.
British American Tobacco has executed a share buyback program, purchasing 150,000 ordinary shares at prices ranging from 2569.00p to 2616.00p, with the intention to cancel these shares. This action follows the authorization from the company’s Annual General Meeting on April 24, 2024, and leaves the company with 2,218,291,060 shares in issue, excluding treasury shares. The buyback, part of a plan announced on March 18, 2024, may influence shareholders’ notification obligations under the FCA’s rules.
For further insights into GB:BATS stock, check out TipRanks’ Stock Analysis page.