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An update from British American Tobacco ( (GB:BATS) ) is now available.
British American Tobacco announced a share buyback, purchasing 121,715 of its ordinary shares at an average price of 3,172.3411 pence per share, as part of its ongoing buyback program. This move, which involves canceling the purchased shares, aims to reduce the company’s total share count, potentially enhancing shareholder value by increasing earnings per share and impacting its market positioning.
More about British American Tobacco
British American Tobacco p.l.c. is a leading global company in the tobacco industry, primarily involved in the manufacturing and sale of cigarettes, tobacco products, and potentially reduced-risk products. The company is focused on maintaining its market leadership while exploring innovations in tobacco alternatives.
YTD Price Performance: 10.10%
Average Trading Volume: 4,941,990
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £69.85B
For an in-depth examination of BATS stock, go to TipRanks’ Stock Analysis page.
