British American Tobacco Grants Conditional Share Awards to Senior Management

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

British American Tobacco announced the granting of conditional share awards to its senior management under the Long Term Incentive Plan. These awards, which were granted at a price of 3,179 pence per share, will vest in three years subject to performance conditions. This move is part of the company’s strategy to incentivize its leadership team, potentially impacting its operational focus and aligning management interests with shareholder value.

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 high-quality tobacco products globally, with a significant market presence across various regions.

YTD Price Performance: 10.14%

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Technical Sentiment Consensus Rating: Sell

Current Market Cap: £69.51B

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