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Pin to quick picksBritish American Tobacco Share News (BATS)

Share Price Information for British American Tobacco (BATS)

London Stock Exchange
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Share Price: 2,349.00
Bid: 2,344.00
Ask: 2,345.00
Change: -2.00 (-0.09%)
Spread: 1.00 (0.043%)
Open: 2,346.00
High: 2,358.00
Low: 2,334.00
Prev. Close: 2,351.00
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BAT to axe 2,300 senior jobs; focus on new products

Thu, 12th Sep 2019 07:06

(Sharecast News) - British American Tobacco said it was axing 2,300 management jobs as it looked to simplify its structure and reinvest the savings in developing new products such as vapour, tobacco heating and oral tobacco.
The company on Thursday said more than 20% of senior roles would be affected with the redundancies expected to be completed by January 2020. BAT wants to generate £5bn in revenues from new products by 2023/24.

BAT added that the review would result in "faster decision making, greater management accountability and the elimination of duplicative activities" by reducing layers of management and creating fewer larger business units.
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20 Jun 2023 15:11

Director dealings: BAT non-exec invests, LondonMetric directors cover tax bills

(Sharecast News) - Cigarette giant British American Tobacco was on the list of buys on Tuesday, after a non-executive director spent more than £40k on shares.

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19 Jun 2023 08:41

TOP NEWS: BAT makes transformation chief Vandermeulen new COO

(Alliance News) - British American Tobacco PLC on Monday announced a number of executive changes, including introducing a new chief operating officer role.

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19 Jun 2023 08:28

British American Tobacco reveals big management shake-up

(Sharecast News) - British American Tobacco revealed significant changes to its management board on Monday, following the appointment of Tadeu Marroco as its chief executive on 15 May.

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15 Jun 2023 09:12

LONDON BROKER RATINGS: Goldman Sachs cuts Diageo to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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8 Jun 2023 10:56

Kingsway Capital in talks with Big Tobacco over AIR stake sale - sources

DUBAI, June 8 (Reuters) - Britain's Kingsway Capital has started meetings with big tobacco firms as the private equity firm prepares to sell its stake in Dubai-based tobacco business Advanced Inhalation Rituals (AIR), two sources familiar with the matter told Reuters.

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6 Jun 2023 20:49

Sector movers: Personal Goods, Tobacco pace gains

(Sharecast News) - Personal goods and Tobacco company shares were among the best performers on Tuesday.

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6 Jun 2023 17:30

UK's FTSE 100 rises against weaker pound; BATS gains

BATS up after maintaining annual forecast

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6 Jun 2023 13:47

Director dealings: BAT, Diaceutics execs make investments

(Sharecast News) - Among the list of director buys on Tuesday was British American Tobacco, after its chief executive picked up more than a quarter-of-a-million pounds worth of shares.

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6 Jun 2023 13:20

IN BRIEF: British American Tobacco CEO Marroco buys 10,000 shares

British American Tobacco PLC - London-based maker of cigarettes and vaping products - Chief Executive Tadeu Marroco acquires 10,000 shares at GBP25.74 each, worth GBP257,386, in London on Tuesday. Marroco, who took over as CEO of BAT in May, provided his first trading update on Tuesday, saying he has no plan to change the strategy set out by the company in 2019.

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6 Jun 2023 12:17

LONDON MARKET MIDDAY: FTSE 100 underwhelms as BP and Shell fall

(Alliance News) - Stock prices in London were lower at midday on Tuesday, with the FTSE 100 hurt by share price falls for oil majors, while a less than stellar reading of the UK retail sector kept a lid on sentiment.

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6 Jun 2023 11:02

Uncertainty for BAT's future as strategy shifts to non-combustibles

(Alliance News) - British American Tobacco PLC on Tuesday said it will make no change to strategy under its new chief executive, but despite the company's confidence, analysts warned that BAT's future remains "highly uncertain".

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6 Jun 2023 08:58

LONDON MARKET OPEN: Stocks flat; oil slips amid US recession fear

(Alliance News) - Stock prices in London made little progress at Tuesday's market open, as the spectre of a US recession dulled risk appetite.

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6 Jun 2023 08:49

TOP NEWS: British American Tobacco's glo flickers; no strategy change

(Alliance News) - British American Tobacco PLC will make no change to strategy under its new chief executive, Tadeu Marroco, he affirmed on Tuesday.

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6 Jun 2023 07:49

LONDON BRIEFING: BAT's 'glo' doesn't; ABF buys National Milk Records

(Alliance News) - Stocks in London are expected to drift lower at Tuesday's open, after a weak close on Wall Street.

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6 Jun 2023 07:26

BAT holds guidance, despite struggling US market

(Sharecast News) - Cigarette and vaping products maker British American Tobacco held full-year revenue and profit guidance on Tuesday, with trading weighted towards the second half.

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