British American Tobacco ( (GB:BATS) ) has shared an announcement.
British American Tobacco has repurchased 129,815 of its ordinary shares as part of its ongoing buyback program, with the intention to cancel these shares. This move reduces the number of shares in circulation, potentially increasing the value of remaining shares and impacting shareholder interests in line with regulatory requirements.
More about British American Tobacco
British American Tobacco is a leading company in the tobacco industry, primarily engaged in the production and sale of cigarettes, tobacco, and nicotine products. It is focused on maintaining a strong market presence and adapting to regulatory changes.
YTD Price Performance: 10.44%
Average Trading Volume: 5,631,292
Technical Sentiment Signal: Sell
Current Market Cap: £70.06B
Learn more about BATS stock on TipRanks’ Stock Analysis page.