British American Tobacco Cancels 160,500 Shares Under Ongoing Buyback Programme

British American Tobacco ( (GB:BATS) ) has shared an announcement.

British American Tobacco has repurchased 160,500 of its ordinary shares from Goldman Sachs International on 19 December 2025 as part of its ongoing share buyback programme authorised by shareholders earlier in the year. The company intends to cancel these shares, reducing the number of ordinary shares in issue with voting rights to 2,179,731,462, while holding 132,988,352 shares in treasury, a move that tightens the free float and may enhance earnings per share and capital returns for investors, while also affecting shareholders’ disclosure obligations under UK transparency rules.

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 listed in London, operating in the cigarette and broader nicotine products industry. The company manufactures and sells traditional combustible tobacco products alongside a growing portfolio of next-generation and reduced-risk products aimed at adult consumers in multiple international markets.

Average Trading Volume: 5,151,910

Technical Sentiment Signal: Buy

Current Market Cap: £92.04B

See more insights into BATS stock on TipRanks’ Stock Analysis page.