British American Tobacco Advances Share Buyback Strategy

The latest announcement is out from British American Tobacco ( (GB:BATS) ).

British American Tobacco p.l.c. announced the purchase of 118,139 of its ordinary shares from Banco Santander, S.A. as part of its ongoing buyback program. This move, authorized by shareholders in April 2025, is part of the company’s strategy to manage its capital structure and enhance shareholder value. The purchased shares will be canceled, reducing the total number of shares in circulation, which may influence shareholder voting rights and interests.

The most recent analyst rating on (GB:BATS) stock is a Hold with a £29.00 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 GB:BATS Stock

According to Spark, TipRanks’ AI Analyst, GB:BATS is a Neutral.

British American Tobacco’s overall stock score is driven by strong cash flow and profitability, despite earnings volatility. Technical indicators show bullish momentum, but the high P/E ratio suggests potential overvaluation. The company’s focus on new growth areas and shareholder returns through dividends and buybacks supports a positive outlook.

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

More about British American Tobacco

British American Tobacco p.l.c. operates in the tobacco industry, primarily focusing on the production and sale of cigarettes and other nicotine products. The company is a major player in the global market, with a significant presence in various regions, offering a wide range of tobacco and nicotine-based products.

Average Trading Volume: 5,409,537

Technical Sentiment Signal: Buy

Current Market Cap: £92.37B

Find detailed analytics on BATS stock on TipRanks’ Stock Analysis page.