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British American Tobacco ( (GB:BATS) ) has issued an announcement.
British American Tobacco announced the purchase of 132,478 ordinary shares as part of its buyback program, with the intention to cancel these shares. This move, following shareholder approval, reduces the total number of shares available in the market, potentially increasing shareholder value and impacting voting rights.
More about British American Tobacco
British American Tobacco is a leading company in the tobacco industry, primarily focusing on the manufacturing and sale of cigarettes and other tobacco-related products. The company has a strong market presence globally and is involved in initiatives to transform tobacco with reduced-risk products.
YTD Price Performance: 1.84%
Average Trading Volume: 3,933,475
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £65.34B
For a thorough assessment of BATS stock, go to TipRanks’ Stock Analysis page.
