British American Tobacco p.l.c.

BATS

GB0002875804

Tobacco

Real-time Estimate Cboe Europe Other stock markets 03:21:49 2024-05-17 am EDT			5-day change	1st Jan Change
2,490 ^GBX	+0.16%		+2.21%	+8.34%

May. 01	British American Tobacco makes GBP173 million in buybacks	AN
Apr. 30	British American Tobacco Prices Debt Tender Offers	MT

British American Tobacco makes GBP173 million in buybacks

May 01, 2024 at 03:46 am EDT

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

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BRITISH AMERICAN TOBACCO P.L.C.	2,488 GBX	+0.10%	+3.54%	69.86B
	BRITISH AMERICAN TOBACCO (MALAYSIA)	8.82 MYR	+0.80%	+1.26%	538M

Latest news about British American Tobacco p.l.c.

British American Tobacco makes GBP173 million in buybacks	May. 01	AN
British American Tobacco Prices Debt Tender Offers	Apr. 29	MT
British American Tobacco Lifts Maximum Purchase Price in Tender Offers to GBP1.2 Billion	Apr. 29	MT
BAT subsidiaries raise bond buyback offer to GBP1.2 billion	Apr. 29	AN
Philip Morris faces key test with US heated tobacco push	Apr. 29	RE
Federal Government Delays Decision to Ban Menthol-Flavored Cigarettes	Apr. 26	MT
Biden Administration Drops Plan to Ban Menthol Cigarettes	Apr. 26	MT
BRITISH AMERICAN TOBACCO : UBS sticks Neutral	Apr. 24	ZD
BAT keeps guidance despite economic pressures, illicit trade	Apr. 24	AN
BRITISH AMERICAN TOBACCO : Buy rating from Jefferies	Apr. 22	ZD
Jefferies Lifts British American Tobacco PT, Keeps Buy Rating	Apr. 22	MT
BRITISH AMERICAN TOBACCO : UBS sticks Neutral	Apr. 22	ZD
Jefferies raises B&M to 'hold'	Apr. 22	AN
British American Tobacco to Repurchase Up to GBP1 Billion of Notes	Apr. 15	MT
BAT units start buying back bonds worth up to GBP1 billion	Apr. 15	AN
Lawsuit demands menthol cigarette ban following White House delays	Apr. 02	RE
Biden administration US ban on menthol cigarettes delayed	Apr. 01	RE
Philip Morris nears Texas launch of flagship heated tobacco device	Mar. 28	RE
Factbox-Companies sell their businesses in Russia	Mar. 28	RE
Foreign firms' losses from exiting Russia top $107 billion	Mar. 28	RE
European Governments Mull Stricter Rules for Zero-tobacco Heat Sticks	Mar. 28	MT
European regulators close in on Big Tobacco's new tea sticks	Mar. 28	RE
Foreign firms' losses from exiting Russia top $107 billion	Mar. 28	RE
Fitch Upgrades British American Tobacco on Improved Leverage Metrics, Profitability	Mar. 26	MT
Flutter hails US success; Smiths names new CEO	Mar. 26	AN

Chart British American Tobacco p.l.c.

Duration

Period

More charts

Company Profile

British American Tobacco p.l.c. is one of the world's tobacco producers. The group also produces cigars, rolling and pipe tobacco. In 2023, the group sold 654 billion cigarettes (owned a portfolio of over 200 brands, of which Lucky Strike, Dunhill, Kent, Pall Mall, Kool and Rothmans). Net sales are distributed geographically as follows: United States (43.8%), America (36%), Asia/Pacific, Middle East and Africa (20.2%).

Sector

Tobacco

Calendar

2024-06-26 - Ex-dividend day for quarterly dividend

Related indices

STOXX EUROPE 600 (EUR) , FTSE 100

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

BRITISH AMERICAN TOBACCO : Target cut by -18.0%

March 25, 2024 at 01:52 pm EDT

British American Tobacco p.l.c. : Go smoke go broke

December 07, 2023 at 10:48 am EST

More Strategies

Ratings for British American Tobacco p.l.c.

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

24.86 GBP

Average target price

31.45 GBP

Spread / Average Target

+26.49%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Tobacco

	1st Jan change	Capi.
BRITISH AMERICAN TOBACCO P.L.C.	+8.30%	69.86B
PHILIP MORRIS INTERNATIONAL, INC.	+7.02%	156B
IMPERIAL BRANDS PLC	+10.38%	21.55B
SMOORE INTERNATIONAL HOLDINGS LIMITED	+22.00%	5.89B
GODFREY PHILLIPS INDIA LIMITED	+81.12%	2.25B
PHILIP MORRIS CR	-4.23%	1.8B
VECTOR GROUP LTD.	-1.24%	1.75B
UNIVERSAL CORPORATION	-19.30%	1.34B
TANZANIA CIGARETTE PUBLIC LIMITED COMPANY	0.00%	654M
TURNING POINT BRANDS, INC.	+28.19%	595M

Other Tobacco

British American Tobacco p.l.c.

Equities

BATS

GB0002875804

Tobacco

British American Tobacco makes GBP173 million in buybacks

Stocks mentioned in the article

EPS Revisions