British American Tobacco ( (GB:BATS) ) has issued an update.
British American Tobacco p.l.c. announced the repurchase of 112,000 of its ordinary shares as part of its buyback program. The shares were purchased at prices ranging from 3,151.00 to 3,177.00 pence and will be canceled, reducing the number of shares in issue. This move is part of the company’s strategy to manage its capital structure and return value to shareholders, potentially impacting shareholder interests and market perception.
More about British American Tobacco
British American Tobacco p.l.c. is a leading company in the tobacco industry, primarily engaged in the production and sale of cigarettes and other nicotine products. The company focuses on providing a range of tobacco and nicotine products to a global market.
YTD Price Performance: 9.44%
Average Trading Volume: 5,570,291
Technical Sentiment Signal: Sell
Current Market Cap: £69.43B
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