tiprankstipranks
Trending News
More News >

British American Tobacco Executives Acquire Shares Under Incentive Plan

Story Highlights
  • British American Tobacco executives purchased shares under a Share Incentive Plan.
  • This move aligns leadership interests with shareholders, boosting stakeholder confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

British American Tobacco ( (GB:BATS) ) has provided an announcement.

British American Tobacco has announced that several of its executive directors and other key managerial personnel have purchased ordinary shares under the Partnership Share Scheme, a HMRC-approved Share Incentive Plan. This move, involving the acquisition of shares at a price of £31.83013 each, reflects the company’s commitment to aligning the interests of its leadership with those of its shareholders, potentially strengthening stakeholder confidence and reinforcing its market position.

More about British American Tobacco

British American Tobacco p.l.c. is a leading company in the tobacco industry, primarily engaged in the production and sale of cigarettes and other nicotine products. The company focuses on providing high-quality tobacco products and is a significant player in the global market.

YTD Price Performance: 12.63%

Average Trading Volume: 5,653,198

Technical Sentiment Signal: Strong Sell

Current Market Cap: £69.85B

See more data about BATS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App