British American Tobacco ( (GB:BATS) ) has shared an announcement.
British American Tobacco p.l.c. has executed a share buyback transaction, purchasing 132,272 of its ordinary shares from UBS AG as part of its ongoing buyback program. This move is intended to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing the value of remaining shares. Following the cancellation of the purchased shares, the company will have 2,202,404,061 ordinary shares in issue, excluding treasury shares, which may impact shareholder notifications under FCA regulations.
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 maintaining a strong market presence and adapting to regulatory changes in the global tobacco market.
YTD Price Performance: 9.91%
Average Trading Volume: 5,522,183
Technical Sentiment Signal: Sell
Current Market Cap: £68.17B
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