British American Tobacco Advances Share Buyback

British American Tobacco (BTI) has released an update.

British American Tobacco has announced a share buyback, purchasing 528,275 of its own shares on May 2, 2024, at prices ranging from 2352.00p to 2377.00p, with plans to cancel them. This move follows shareholder approval at the annual meeting and is part of a buyback program initiated in March. Post-cancellation, the company’s issued share count, excluding treasury shares, will be 2,228,355,394.

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