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British American Tobacco Share Buyback Update
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British American Tobacco Share Buyback Update

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

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British American Tobacco PLC has executed a share buyback program, purchasing 63,140 of its own ordinary shares on 11 October 2024, with prices ranging between 2,677.00p and 2,688.00p per share. The company plans to cancel the acquired shares, which will reduce the total number of outstanding shares and potentially increase the value of remaining shares. The transaction was part of a program announced earlier on 18 March 2024, following approval from the shareholders during the Annual General Meeting.

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

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