British American Tobacco Completes Share Buyback to Enhance Shareholder Value

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

British American Tobacco has executed a share buyback transaction, purchasing 134,138 of its ordinary shares at an average price of 2,899.5993 pence per share, as part of its broader buyback program authorized by shareholders. This strategic move is aimed at reducing the number of shares in circulation, thereby potentially increasing shareholder value and impacting the company’s equity structure.

More about British American Tobacco

British American Tobacco PLC operates in the tobacco industry and is known for manufacturing and selling cigarettes, tobacco, and other nicotine products globally.

YTD Price Performance: 1.25%

Average Trading Volume: 4,669,117

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £64.23B

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