British American Tobacco ( (GB:BATS) ) just unveiled an announcement.
British American Tobacco announced the release and subsequent sale of shares under its 2022 Long-Term Incentive Plan for several key executives. This move involves the distribution of ordinary shares to directors and officers, such as Jerome Abelman, James Barrett, Luciano Comin, and Michael Dijanosic, with some shares sold to cover tax liabilities. The transactions, conducted outside a trading venue, reflect the company’s ongoing efforts to align executive compensation with long-term performance goals, potentially impacting shareholder value and executive engagement.
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 delivering tobacco and nicotine products to a global market, with a significant presence in various regions worldwide.
YTD Price Performance: 9.91%
Average Trading Volume: 5,522,183
Technical Sentiment Signal: Sell
Current Market Cap: £68.17B
See more data about BATS stock on TipRanks’ Stock Analysis page.