British American Tobacco Share News (BATS)

IN BRIEF: British American Tobacco makes GBP173 million in buybacks

British American Tobacco PLC - London-based cigarette and vaping products maker - Buys back 7.4 million shares between March 18 and Tuesday, worth about GBP173 million at the current market price. This is part a GBP700 million buyback programme planned for 2024, which will be followed by a GBP900 million buyback in 2025. Commissions Merrill Lynch to conduct the next tranche of the 2024 buyback, running from Wednesday to June 21.

IN BRIEF: BAT subsidiaries raise bond buyback offer to GBP1.2 billion

British American Tobacco PLC - London-based maker of cigarettes and vapes - Says its subsidiaries BAT Capital Corp and BAT International Finance PLC have increased the maximum purchase price of bond they intend to buy back to GBP1.2 billion from GBP1 billion. The tender offers will expire on May 13, unless extended or earlier terminated. BAT has said this repurchase seeks to optimise its debt capital structure, with units using available liquidity to reduce debt.

Biden administration delays plan to ban menthol cigarettes

April 26 (Reuters) - The Biden administration on Friday delayed its plan to ban menthol cigarettes, a move that reflected the potential for a political backlash from Black voters in an election year.

UK dividends calendar - next 7 days

TOP NEWS: BAT keeps guidance despite economic pressures, illicit trade

(Alliance News) - British American Tobacco PLC is maintaining its 2024 guidance even as the cigarette producer grapples with "macro-economic pressures" and "illicit" trade, while carrying on with its investment in the US.

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

UK shareholder meetings calendar - next 7 days

UK smoking ban for younger generations passes first parliamentary hurdle

LONDON, April 16 (Reuters) - British Prime Minister Rishi Sunak's plan to ban anyone aged 15 and under from ever buying cigarettes passed its first parliamentary vote on Tuesday, although dozens of his own lawmakers voted against it.

IN BRIEF: BAT units start buying back bonds worth up to GBP1 billion

British American Tobacco PLC - London-based maker of cigarettes and vapes - Says its subsidiaries BAT Capital Corp and BAT International Finance PLC have started to buy back bonds to the tune of up to a combined GBP1 billion. Says the tender offers will expire on May 13, unless extended or earlier terminated. Says this repurchase seeks to optimise its debt capital structure, with units using available liquidity to reduce debt.

Lawsuit demands menthol cigarette ban following White House delays

April 2 (Reuters) - The U.S. government was sued on Tuesday by anti-smoking groups that want a ban on menthol cigarettes and blame the Biden administration for delaying it.

Biden administration US ban on menthol cigarettes delayed

April 1 (Reuters) - The U.S. Food and Drug Administration's proposal to ban menthol flavored cigarettes in the United States faced another setback, according to anti-tobacco advocates who noted that White House officials have missed another deadline to issue a final rule on a ban.

European regulators close in on Big Tobacco's new tea sticks

Tobacco companies launched tea sticks to counter EU flavour ban

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LONDON BRIEFING: Flutter hails US success; Smiths names new CEO

(Alliance News) - London's FTSE 100 opened lower on Tuesday, as a slow start to the week continues, with investors having simmering global tensions to be mindful of.

BAT CEO says proposed UK disposable vapes ban will not be "effective"

(Alliance News) - The boss of British American Tobacco PLC has said a ban on disposable vapes in the UK will not be "effective", claiming similar legislation overseas has not worked.

London close: Stocks rise as BoE keeps rates on hold

(Sharecast News) - London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.