British American Tobacco Completes Share Repurchase to Support Capital Strategy

PUBLISHED: Apr 22 2025 @ 03:01 | Comments (0) | More info about Fiona Craig

British American Tobacco p.l.c. (LSE:BATS) has repurchased 129,740 of its ordinary shares as part of its ongoing share buyback initiative. The transaction, executed through UBS AG under existing shareholder authorization, is intended to reduce the number of shares in circulation. This reduction may boost shareholder value by enhancing earnings per share and aligning with the company’s broader capital management objectives. After this buyback, the company has 2,200,816,413 ordinary shares outstanding, excluding treasury shares that carry voting rights. The move also aligns with regulatory requirements related to shareholder notifications.

Investment Outlook

British American Tobacco continues to appeal to income-focused investors, thanks to its strong cash generation and attractive dividend yield. While the company maintains solid profitability and cash flow, it faces headwinds from regulatory developments and earnings volatility. Technically, the stock shows stability, and valuation remains moderately appealing—even with a relatively high price-to-earnings ratio. However, limited momentum suggests tempered near-term growth potential.

Company Overview:

British American Tobacco p.l.c. is a global tobacco leader, engaged in the production and distribution of cigarettes and alternative nicotine products. With a broad international footprint, the company is committed to delivering premium-quality products across various markets.

Year-to-Date Performance: +12.00%
Average Daily Volume: 5,456,693 shares
Technical Sentiment Indicator: Sell
Market Capitalization: £69.41 billion

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.