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British American Tobacco Executives Acquire Dividend Shares

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British American Tobacco Executives Acquire Dividend Shares

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An announcement from British American Tobacco ( (GB:BATS) ) is now available.

British American Tobacco has announced transactions involving its Chief Executive, Tadeu Marroco, and Chief Financial Officer, Soraya Benchikh, who acquired quarterly dividend equivalent shares under the company’s Deferred Share Bonus Scheme. These transactions reflect the company’s ongoing commitment to aligning management interests with shareholder value, potentially impacting its market positioning and stakeholder confidence.

The most recent analyst rating on (GB:BATS) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on British American Tobacco stock, see the GB:BATS Stock Forecast page.

Spark’s Take on GB:BATS Stock

According to Spark, TipRanks’ AI Analyst, GB:BATS is a Neutral.

British American Tobacco’s stock is moderately attractive due to strong cash flow generation and attractive dividend yield. However, concerns about earnings volatility, high valuation, and overbought technical indicators pose risks. Positive shareholder initiatives like share buybacks and strategic deleveraging contribute positively to the stock’s appeal.

To see Spark’s full report on GB:BATS stock, click here.

More about British American Tobacco

British American Tobacco 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 providing a range of tobacco and nicotine alternatives to cater to diverse consumer preferences across global markets.

Average Trading Volume: 5,794,181

Technical Sentiment Signal: Buy

Current Market Cap: £90.29B

See more insights into BATS stock on TipRanks’ Stock Analysis page.

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