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British American Tobacco Advances Share Buyback
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British American Tobacco Advances Share Buyback

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

British American Tobacco PLC has announced that, following shareholder authorization, it has bought back 41,015 of its own shares at prices ranging from 2427.00p to 2456.00p per share, with the intention of canceling them to potentially enhance shareholder value. After cancellation, the total number of ordinary shares in issue will be reduced, excluding treasury shares. This transaction is part of a share repurchase program that was initially publicized on March 18, 2024.

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

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