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British American Tobacco’s Share Buyback Initiative Update

British American Tobacco’s Share Buyback Initiative Update

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

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British American Tobacco PLC has repurchased 90,385 of its ordinary shares as part of its ongoing buyback program. The purchase prices ranged between 2,630.00p and 2,663.00p per share, with a volume-weighted average price of 2,642.79p. The company plans to cancel these shares, which will affect the total number of shares in issue, potentially influencing shareholder interest and voting rights.

For further insights into GB:BATS stock, check out TipRanks’ Stock Analysis page.

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