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The latest announcement is out from British American Tobacco ( (GB:BATS) ).
British American Tobacco p.l.c. has executed a buyback of 128,500 ordinary shares as part of its ongoing share repurchase program. The transaction, completed on February 13, 2025, intends to cancel the purchased shares, reducing the number of shares in circulation and potentially increasing shareholder value. This move is part of the company’s strategy to manage its capital structure and return value to its shareholders.
More about British American Tobacco
British American Tobacco p.l.c. operates in the tobacco industry, specializing in the production and sale of cigarettes and other nicotine products. The company is one of the leading players in the global market, focusing on providing a range of tobacco and nicotine alternatives.
YTD Price Performance: 17.85%
Average Trading Volume: 5,194,522
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £74.67B
Learn more about BATS stock on TipRanks’ Stock Analysis page.
