BAT Cancels 159,551 Shares in Latest Buyback Tranche

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

British American Tobacco has repurchased 159,551 ordinary shares of 25 pence each on 27 March 2026 from Banco Santander as part of its ongoing share buyback programme. The shares, acquired at a volume-weighted average price of 4,324.6096p, will be cancelled, reducing the number of shares in issue to 2,172,840,264 and leaving 132,669,859 shares held in treasury, a move that marginally enhances earnings per share and may affect major investors’ disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:BATS) stock is a Hold with a £41.50 price target. To see the full list of analyst forecasts on British American Tobacco stock, see the GB:BATS Stock Forecast page.

Spark’s Take on BATS Stock

According to Spark, TipRanks’ AI Analyst, BATS is a Outperform.

The score is driven primarily by solid-but-not-clean financial performance (profitability strength offset by leverage and a notable 2025 cash-flow decline). Valuation is supportive due to the high dividend yield and moderate P/E, while technicals are broadly neutral. Earnings-call guidance and capital-return plans help, but are tempered by vapor/illicit pressures and regional weakness.

To see Spark’s full report on BATS stock, click here.

More about British American Tobacco

British American Tobacco p.l.c. is a global tobacco group listed in London, producing and selling cigarettes and other nicotine products across multiple markets. The company focuses on combustible tobacco brands while also investing in alternative nicotine products as it competes with international peers in a mature, highly regulated industry.

Average Trading Volume: 4,232,798

Technical Sentiment Signal: Strong Buy

Current Market Cap: £94.28B

For detailed information about BATS stock, go to TipRanks’ Stock Analysis page.