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British American Tobacco cancels newly repurchased shares in ongoing buyback

Story Highlights
  • British American Tobacco repurchased 93,792 shares in its ongoing buyback, paying a volume-weighted average price of about 4,585 pence.
  • The company will cancel these shares, slightly reducing its free float and updating voting share capital to inform investors’ disclosure obligations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
British American Tobacco cancels newly repurchased shares in ongoing buyback

Meet Samuel – Your Personal Investing Prophet

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

British American Tobacco has continued its share buyback programme, repurchasing 93,792 ordinary shares on 25 February 2026 from Banco Santander on the London Stock Exchange at a volume-weighted average price of 4,584.5675 pence. The company plans to cancel these shares, leaving 2,174,922,198 ordinary shares in issue with voting rights and 132,976,327 shares held in treasury, a move that marginally reduces the free float and may enhance per-share metrics for remaining investors.

The detailed transaction data released, including price ranges and trade sizes throughout the day, underscores BAT’s adherence to U.K. Market Abuse Regulation requirements for transparent execution of buybacks. For shareholders subject to the FCA’s Disclosure Guidance and Transparency Rules, the updated share count provides the basis for reassessing whether notification thresholds for holdings or changes in holdings have been triggered.

The most recent analyst rating on (GB:BATS) stock is a Sell with a £3600.00 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.

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 GB: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 selling cigarettes, traditional tobacco products and a growing range of next-generation nicotine products. Its shares are listed on the London Stock Exchange, and it remains one of the largest companies in the international tobacco industry by revenue and market capitalization.

Average Trading Volume: 4,223,316

Technical Sentiment Signal: Buy

Current Market Cap: £98.8B

Find detailed analytics on BATS stock on TipRanks’ Stock Analysis page.

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