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British American Tobacco ( (GB:BATS) ) has provided an announcement.
British American Tobacco has repurchased 135,314 of its own ordinary shares on 28 January 2026 under the shareholder-approved buyback programme initiated in March 2024, paying a volume-weighted average price of about 4,335.86p per share through UBS. The company plans to cancel the repurchased shares, reducing the number of ordinary shares in issue with voting rights to 2,177,145,903 and holding 132,976,327 shares in treasury, a move that tightens the free float and may enhance capital returns and earnings per share for existing investors while signalling continued management commitment to shareholder-focused capital allocation.
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 company and one of the world’s largest producers of cigarettes and other nicotine products, with a portfolio spanning traditional combustible brands and newer reduced-risk offerings, and its shares are listed on the London Stock Exchange.
Average Trading Volume: 4,313,533
Technical Sentiment Signal: Buy
Current Market Cap: £93.5B
Learn more about BATS stock on TipRanks’ Stock Analysis page.