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The latest announcement is out from British American Tobacco ( (GB:BATS) ).
British American Tobacco has repurchased 137,150 of its ordinary shares as part of its ongoing share buyback programme, with the highest price paid at 4,361p and a volume-weighted average price of 4,329.0339p per share. The company intends to cancel the repurchased stock, leaving 2,177,394,135 ordinary shares in issue with voting rights and 132,988,352 shares held in treasury, a move that marginally enhances earnings per share and reflects continued capital return to shareholders while slightly altering major investors’ disclosure thresholds under UK transparency rules.
The most recent analyst rating on (GB:BATS) stock is a Buy with a £5200.00 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.
British American Tobacco’s overall score is driven by strong technical indicators and positive corporate events, including share buybacks and executive share acquisitions. While financial performance shows robust cash flow, concerns about earnings volatility and a high P/E ratio slightly temper the outlook. The company’s strategic initiatives in innovation and digital transformation are promising, but challenges in specific markets require attention.
To see Spark’s full report on GB:BATS stock, click here.
More about British American Tobacco
British American Tobacco is a global tobacco and nicotine products group, best known for manufacturing and selling cigarettes and next-generation nicotine products across multiple markets worldwide. The company is listed in London and is a major constituent of the UK blue-chip index, with a broad international shareholder base focused on income and capital returns.
Average Trading Volume: 4,255,011
Technical Sentiment Signal: Buy
Current Market Cap: £93.5B
See more data about BATS stock on TipRanks’ Stock Analysis page.