British American Tobacco Cancels 125,855 Shares in Ongoing Buyback

An update from British American Tobacco ( (GB:BATS) ) is now available.

British American Tobacco has repurchased 125,855 of its ordinary shares from Banco Santander as part of its existing buyback programme, paying a volume‑weighted average price of 4,414.2424p per share. The company plans to cancel these shares, reducing its free‑float to 2,173,748,098 shares in issue and maintaining 132,976,327 shares in treasury, a move that marginally enhances earnings per share and may prompt disclosure updates from major investors under UK transparency rules.

The most recent analyst rating on (GB:BATS) stock is a Sell with a £3600.00 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 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 GB: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 marketing cigarettes and other nicotine products. The company operates at scale in international markets and remains focused on capital returns to shareholders, including through ongoing share buyback programmes.

Average Trading Volume: 4,525,750

Technical Sentiment Signal: Strong Buy

Current Market Cap: £96.42B

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