British American Tobacco Cancels 146,615 Shares After Latest Buyback

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

British American Tobacco has repurchased 146,615 of its own ordinary shares on 5 January 2026 under the shareholder-approved buyback programme, paying a volume-weighted average price of 4,101.3767 pence per share. The company plans to cancel these shares, reducing the number of ordinary shares in issue with voting rights to 2,179,187,085 and maintaining 132,988,352 shares in treasury, a move that marginally enhances earnings per share and may be viewed as a continued signal of capital return discipline to shareholders.

The most recent analyst rating on (GB:BATS) stock is a Buy with a £49.00 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 p.l.c. is a global tobacco group headquartered in the UK, operating in the consumer goods sector. The company manufactures and markets cigarettes and other tobacco and nicotine products, with its shares listed on the London Stock Exchange and widely held by international institutional and retail investors.

Average Trading Volume: 5,029,136

Technical Sentiment Signal: Buy

Current Market Cap: £91B

For an in-depth examination of BATS stock, go to TipRanks’ Overview page.