BAT advances share buyback and cancellation of plans

British American Tobacco (GB: BATS) posted an update.

British American Tobacco PLC (BAT) has actively repurchased 180,000 of its own ordinary shares under a repurchase program launched on 18 March 2024, following authorization from shareholders at their annual general meeting. The shares were repurchased on June 27, 2024, at prices between P2,436.00 and P2,492.00, with the company planning to cancel these shares to reduce the share capital. After the cancellation, BAT will have 2,221,474,243 shares outstanding, with an additional 133,277,831 shares held in its own right.

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