British American Tobacco Boosts Shareholder Value with Buyback

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

British American Tobacco has repurchased 81,834 of its own shares as part of its ongoing buyback program, with prices ranging from 2,894 to 2,924 pence per share. This move is intended to enhance shareholder value by reducing the number of shares in circulation. Following the buyback, the company now has over 2.2 billion ordinary shares in issue.

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