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British American Tobacco Grants Conditional Share Awards to Executives

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British American Tobacco Grants Conditional Share Awards to Executives

British American Tobacco ( (GB:BATS) ) has issued an update.

British American Tobacco has announced the granting of conditional share awards to its executive directors and other key managerial personnel under the Deferred Share Bonus Scheme. These awards, priced at 3,179 pence per share, will vest after three years without additional performance conditions. This move is part of the company’s strategy to incentivize and retain top management talent, potentially impacting its operational efficiency and market positioning.

More about British American Tobacco

British American Tobacco p.l.c. is a leading company in the tobacco industry, primarily known for manufacturing and selling cigarettes and other tobacco-related products. The company operates globally, focusing on delivering high-quality tobacco products to a diverse market.

YTD Price Performance: 10.14%

Average Trading Volume: 5,359,096

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £69.51B

See more data about BATS stock on TipRanks’ Stock Analysis page.

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