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British American Tobacco ( (GB:BATS) ) has shared an update.
British American Tobacco has executed a share buyback program, purchasing 129,541 ordinary shares at an average price of 2,995.1908 pence per share. This move, authorized by shareholders, is part of its broader strategy to enhance shareholder value by reducing the number of shares in circulation, which could potentially impact the company’s stock value and stakeholder interests.
More about British American Tobacco
British American Tobacco p.l.c. operates in the tobacco industry, providing a range of tobacco and nicotine products. The company has a significant market focus on developing and selling cigarettes, tobacco products, and potentially reduced-risk products.
YTD Price Performance: 4.44%
Average Trading Volume: 4,713,394
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £66.22B
See more insights into BATS stock on TipRanks’ Stock Analysis page.
