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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: 2,398.00
Bid: 2,397.00
Ask: 2,399.00
Change: -26.00 (-1.07%)
Spread: 2.00 (0.083%)
Open: 2,400.00
High: 2,417.00
Low: 2,391.00
Prev. Close: 2,424.00
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US Billionaire Bloomberg Pledges USD160 Million To Fight Vaping

Tue, 10th Sep 2019 17:36

(Alliance News) - Billionaire and former New York mayor Michael Bloomberg on Tuesday announced a USD160 million campaign to ban flavored e-cigarettes in the US following a spike in vaping deaths.

At least five people have died in the US recently after vaping in an outbreak that has sickened hundreds with severe pulmonary disease and left several teenagers in induced comas.

"This is an urgent health crisis, and tobacco companies are behind it," said Bloomberg, a long-time anti-smoking activist who banned smoking in New York bars and restaurants when he was mayor in the early 2000s.

"We know Big Tobacco's playbook. We've seen this before. It is targeting kids – and putting them in serious danger," he added in the op-ed co-written with Matt Myers, president of the Campaign for Tobacco-Free Kids.

Bloomberg denounced the inaction of the Food & Drug Administration and said the money would be spent helping at least 20 cities and states ban all flavored tobacco and e-cigarettes.

E-cigarettes have been available in the US since 2006 and are sometimes used as an aid to quit smoking traditional tobacco products like cigarettes.

Their use among adolescents has skyrocketed in recent years: some 3.6 million middle and high school students used vaping products in 2018, an increase of 1.5 million on the year before.

The Centers for Disease Control & Prevention said Friday that there were now more than 450 possible cases of pulmonary illness associated with vaping in the US, double the figure reported the previous week.

The CDC cautioned against vaping as officials investigate the precise cause of the deaths. No single substance has been found to be present in all the laboratory samples being examined.

New York's health department found very high levels of vitamin E oil in cannabis cartridges used by all 34 people in the state who had fallen ill after using e-cigarettes.

Vitamin E is a commonly used nutritional supplement but is dangerous when inhaled.

San Francisco, the home of market leader Juul Labs, became the first American city to ban e-cigarettes in June last year.

The FDA has warned Juul to stop advertising itself as a less harmful alternative to smoking, noting in particular the company's attempts to attract young people.

source: Agence France-Presse

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27 Feb 2024 16:11

PRESS: UK Chancellor mulls new vape tax in next week's budget, report

(Alliance News) - UK Chancellor Jeremy Hunt may announce a new UK tax on vapes as part of his budget next week, Bloomberg reported on Tuesday

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21 Feb 2024 15:06

Director dealings: British American Tobacco non-executive director makes share purchase

(Sharecast News) - British American Tobacco revealed on Wednesday that non-executive director Karen Guerra had acquired 4,150 ordinary shares in the FTSE 100-listed tobacco giant.

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21 Feb 2024 11:12

IN BRIEF: BAT Non-Exec Director Karen Guerra buys GBP100,000 shares

British American Tobacco PLC - London-based maker of cigarettes and vapes - Non-Executive Director Karen Guerra buys 4,150 shares at a price of 2,380 pence each on Wednesday worth GBP98,770.

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19 Feb 2024 09:24

LONDON BROKER RATINGS: UBS cuts Howden Joinery; Jefferies likes SSE

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

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16 Feb 2024 12:04

IN BRIEF: British American Tobacco prices USD1.70 billion bond offer

British American Tobacco PLC - London-based maker of cigarettes and vapes - Prices an offering of USD1.70 billion guaranteed bonds. These issues consist of USD850.0 million 5.834% notes due 2031, and USD850.0 million 6.000% notes due 2034. Says its subsidiary BAT Capital Corp is issuing these notes. Says notes will be fully and unconditionally guaranteed by the group. The issuance of the notes is expected to close on Tuesday next week, subject to customary closing conditions. BAT intends to use the net proceeds of the offering of the notes for general corporate purposes, including the potential repayment of existing indebtedness.

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14 Feb 2024 09:17

Italian watchdog fines BAT and Amazon combined €7m

(Sharecast News) - British American Tobacco and Amazon have been fined a total of €7m by Italy's competition watchdog over "misleading" advertising.

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12 Feb 2024 09:41

LONDON BROKER RATINGS: Deutsche Bank starts Deliveroo at 'buy'

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

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8 Feb 2024 17:00

LONDON MARKET CLOSE: Softer earnings weigh on underperforming FTSE 100

(Alliance News) - London's FTSE 100 ended lower on Thursday, with mixed corporate updates keeping a lid on enthusiasm, while in New York the S&P 500 has the 5,000 point mark in touching distance.

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8 Feb 2024 14:42

London close: Stocks slip as US jobless claims fall

(Sharecast News) - London markets experienced a downturn in trading on Thursday, with stocks relinquishing earlier gains as investors processed a decrease in jobless claims in the United States.

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8 Feb 2024 12:08

LONDON MARKET MIDDAY: DS Smith surges on takeover approach from Mondi

(Alliance News) - Stock prices in London were mixed at midday Thursday, as markets struggled to find direction amid a mixed wave of corporate updates and earnings.

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8 Feb 2024 09:02

TOP NEWS: British American Tobacco shares up despite swing to loss

(Alliance News) - British American Tobacco PLC on Thursday said it was committed to dividend growth as it reported a swing to a loss amid a decline in revenue.

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8 Feb 2024 08:59

LONDON MARKET OPEN: Unilever up on buyback; BAT ups dividend

(Alliance News) - THE FTSE 100 in London opened slightly higher on Thursday, with earnings from British American Tobacco and Unilever boosting the index.

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8 Feb 2024 08:01

British American Tobacco swings to loss on US writedown

(Sharecast News) - British American Tobacco said on Thursday that it swung to a full-year loss mainly due to an impairment charge related to its US business.

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8 Feb 2024 07:50

LONDON BRIEFING: Unilever sets new buyback; Astra profit surges

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, as investors eye a busy day of earnings.

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6 Feb 2024 08:21

IN BRIEF: British American Tobacco makes Holly Koeppel senior director

British American Tobacco PLC - London-based maker of cigarettes and vapes - Promotes Holly Keller Koeppel to senior independent director, replacing Sue Farr, who will leave the board at the annual general meeting on April 24. Farr and Dimitri Panayotopoulos will step down as directors, having served for nine years. Koeppel has been a BAT non-executive director since July 2017, joining as part of BAT's acquisition of all of tobacco peer Reynolds American Inc. She had worked at Citi Infrastucture Investors.

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