British American Tobacco Executes Share Buyback

British American Tobacco (GB:BATS) has released an update.

British American Tobacco has repurchased 92,639 of its ordinary shares at an average price of 2,771.5143 pence per share as part of its buyback program. The company plans to cancel these shares, which will affect its total shares in issue. This move is part of the company’s ongoing strategy to manage its capital and enhance shareholder value.

For further insights into GB:BATS stock, check out TipRanks’ Stock Analysis page.