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British American Tobacco ( (GB:BATS) ) just unveiled an announcement.
British American Tobacco has repurchased 157,367 of its 25 pence ordinary shares on 13 April 2026 from Banco Santander as part of its ongoing share buyback programme approved by shareholders and launched in March 2024. The company intends to cancel the shares, reducing the number of shares in issue with voting rights to about 2.17 billion while retaining roughly 133 million shares in treasury, a move that marginally enhances earnings per share and signals continued commitment to capital returns for investors.
The purchases were executed on the London Stock Exchange at prices between 4,346.00p and 4,409.00p per share, with a volume-weighted average price of 4,384.6315p. By adjusting its capital structure through buybacks and cancellations, BAT is fine-tuning its equity base and offering shareholders information relevant for regulatory disclosure of holdings under U.K. transparency rules.
The most recent analyst rating on (GB:BATS) stock is a Hold with a £41.50 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 BATS Stock
According to Spark, TipRanks’ AI Analyst, 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 BATS stock, click here.
More about British American Tobacco
British American Tobacco p.l.c. is a global tobacco group headquartered in the U.K., producing and marketing cigarettes, tobacco and related nicotine products. Listed in London, it focuses on both traditional combustible products and a growing portfolio of next-generation alternatives, serving a broad base of international consumers and institutional investors.
Average Trading Volume: 4,496,307
Technical Sentiment Signal: Strong Buy
Current Market Cap: £94.23B
Find detailed analytics on BATS stock on TipRanks’ Stock Analysis page.