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British American Tobacco ( (GB:BATS) ) just unveiled an update.
British American Tobacco announced a share buyback program commencing on 13 February 2025, with UBS AG London Branch appointed to independently manage the share purchases until 30 April 2025. The program aims to reduce the company’s share capital by repurchasing and canceling up to 223,642,156 shares, subject to shareholder approval and regulatory compliance, potentially impacting shareholder value positively.
More about British American Tobacco
British American Tobacco is a leading company in the tobacco industry, primarily offering a wide range of tobacco and nicotine products. The company focuses on delivering innovative and high-quality products to its global market.
YTD Price Performance: 17.81%
Average Trading Volume: 5,196,019
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £74.59B
For an in-depth examination of BATS stock, go to TipRanks’ Stock Analysis page.