British American Tobacco Cancels Latest Tranche of Share Buybacks

British American Tobacco ( (GB:BATS) ) just unveiled an announcement.

British American Tobacco has continued to execute its previously announced share buyback programme, repurchasing 108,254 ordinary shares on 19 January 2026 from UBS AG’s London branch at prices between 4,316p and 4,375p per share, with a volume-weighted average price of 4,363.4439p. The company intends to cancel these shares, reducing the number of ordinary shares in issue carrying voting rights to 2,177,953,122 and leaving 132,988,352 shares held in treasury, a move that marginally enhances earnings per share and signals ongoing capital returns to shareholders within the constraints of UK market and disclosure regulations.

The most recent analyst rating on (GB:BATS) stock is a Buy with a £4500.00 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 one of the world’s largest tobacco groups, primarily engaged in the manufacture and sale of cigarettes and other nicotine products. Listed in London, the company targets global markets with a portfolio spanning traditional combustibles and newer reduced-risk products, and is a major constituent of international equity indices followed closely by income and value-focused investors.

Average Trading Volume: 4,392,407

Technical Sentiment Signal: Buy

Current Market Cap: £93.92B

See more data about BATS stock on TipRanks’ Stock Analysis page.