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British American Tobacco Cancels New Tranche of Shares in Ongoing Buyback

Story Highlights
  • British American Tobacco repurchased 160,365 shares as part of its ongoing buyback programme.
  • The company will cancel these shares, slightly reducing share count and updating investor voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
British American Tobacco Cancels New Tranche of Shares in Ongoing Buyback

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

British American Tobacco has repurchased 160,365 of its ordinary shares on 20 January 2026 under its ongoing share buyback programme authorised by shareholders and conducted through UBS AG’s London branch. The company intends to cancel the purchased shares, reducing the number of ordinary shares in issue to 2,177,792,757 (excluding treasury shares) and leaving 132,988,352 shares held in treasury, a move that marginally enhances earnings per share and may signal continued capital returns discipline to investors while updating shareholders on voting rights and potential disclosure obligations 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 p.l.c. is a global tobacco and nicotine products company, best known for manufacturing and selling cigarettes and other combustible tobacco brands, as well as increasingly focusing on reduced-risk and next-generation products across multiple markets worldwide.

Average Trading Volume: 4,409,999

Technical Sentiment Signal: Buy

Current Market Cap: £94.94B

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

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