British American Tobacco Executes Share Buyback and Cancellation Program

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

British American Tobacco PLC announced the purchase of 145,000 ordinary shares as part of its ongoing share buyback program authorized by shareholders at its April 2025 AGM. The purchased shares will be canceled, reducing the total number of shares in issuance and maintaining its treasury holdings, aligning with strategic initiatives to manage equity structure, potentially impacting shareholder value in the near term.

The most recent analyst rating on (GB:BATS) stock is a Buy with a £49.00 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 PLC operates within the global tobacco industry, producing and distributing cigarettes, vaping products, and other nicotine-based goods. The company focuses on providing products that cater to consumers in regulated markets while advancing harm-reduction initiatives.

Average Trading Volume: 4,867,728

Technical Sentiment Signal: Buy

Current Market Cap: £92.97B

Find detailed analytics on BATS stock on TipRanks’ Stock Analysis page.