British American Tobacco (GB:BATS) has released an update.
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British American Tobacco has executed a share buyback, purchasing 78,813 of its ordinary shares at an average price of 2,954.1335 pence per share. This transaction is part of the company’s ongoing buyback program, aimed at reducing the number of shares in circulation and potentially increasing shareholder value. After the purchase, the company holds over 133 million shares in treasury, impacting voting rights and share interest notifications for investors.
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