British American Tobacco Extends Share Buyback Programme

British American Tobacco ( (GB:BATS) ) just unveiled an announcement.

British American Tobacco has announced an extension of its share buyback programme by up to £1.3 billion for 2026. This move aims to reduce the company’s share capital, with the repurchased shares being cancelled. The buyback will be executed independently by UBS AG London Branch during a closed period, adhering to regulatory guidelines. This strategic decision reflects the company’s commitment to enhancing shareholder value and optimizing its capital structure.

The most recent analyst rating on (GB:BATS) stock is a Buy with a £52.00 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 Outperform.

British American Tobacco’s overall score is driven by strong technical indicators and positive corporate events, including share buybacks and executive share acquisitions. While financial performance shows robust cash flow, concerns about earnings volatility and a high P/E ratio slightly temper the outlook. The company’s strategic initiatives in innovation and digital transformation are promising, but challenges in specific markets require attention.

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 tobacco and nicotine alternatives to consumers globally.

Average Trading Volume: 4,929,069

Technical Sentiment Signal: Buy

Current Market Cap: £93.85B

For a thorough assessment of BATS stock, go to TipRanks’ Stock Analysis page.