IN BRIEF: British American Tobacco makes GBP173 million in buybacks

Wed, 01st May 2024 08:45

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.

Current stock price in London: 2,343.01 pence

12-month change: down 19%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

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