British American Tobacco (UK) (GB:BATS) has released an update.
British American Tobacco PLC has reported the purchase of 210,000 of its own ordinary shares as part of a stock buyback program, which was announced previously on March 18, 2024, and authorized by shareholders. These shares, acquired at prices ranging from 2289.00p to 2308.00p, are set to be cancelled, reducing the number of ordinary voting shares in circulation. The company’s share repurchase activity is part of a broader strategic effort to manage capital and return value to shareholders.
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