British American Tobacco Executes Share Buyback Program

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

British American Tobacco has executed a share buyback, purchasing 96,281 shares at an average price of 2,643.7584 pence per share, as part of its ongoing buyback program. The company plans to cancel these shares, reducing the total number of shares in circulation. This move is likely to be seen as an effort to enhance shareholder value by increasing the earnings per share.

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