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BAT Cancels New Batch of Shares After Fresh Buyback

Story Highlights
  • British American Tobacco repurchased 163,967 shares for cancellation under its authorised buyback programme.
  • After the buyback, BAT reports 2.17 billion voting shares in issue and 132.7 million held in treasury.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BAT Cancels New Batch of Shares After Fresh Buyback

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

British American Tobacco has repurchased 163,967 ordinary shares from Banco Santander under its ongoing buyback programme authorised at the 15 April 2026 AGM. The shares, bought at a volume‑weighted average price of 4,208.1631p, will be cancelled, reducing the number of shares in issue and potentially enhancing earnings per share for investors.

Following this transaction, the group will have 2,171,268,613 ordinary shares in issue carrying voting rights and will hold 132,669,859 shares in treasury. The updated capital structure figures are provided to help investors assess whether they need to update regulatory disclosures under the U.K. transparency rules.

The most recent analyst rating on (GB:BATS) stock is a Buy with a £52.00 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 that manufactures and sells cigarettes and other nicotine products, with its shares listed in London. The company focuses on returning capital to shareholders alongside its traditional tobacco operations, using tools such as share buyback programmes to manage its capital structure and equity base.

Average Trading Volume: 4,565,292

Technical Sentiment Signal: Strong Buy

Current Market Cap: £90.92B

Learn more about BATS stock on TipRanks’ Stock Analysis page.

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