British American Tobacco PLC Transaction in Own Shares (1746Q)
June 24 2022 - 11:05AM
UK Regulatory
TIDMBATS
RNS Number : 1746Q
British American Tobacco PLC
24 June 2022
British American Tobacco p.l.c. (the "Company")
24 June 2022
Closed Period Share Repurchase Programme
Further to the share buyback programme announcement on 11
February 2022, the Company announces that it has entered into an
irrevocable, non-discretionary agreement with its broker, UBS AG,
to purchase shares during the closed period commencing on 26 June
2022 and ending at the close of business on 26 July 2022, the day
prior to the release of its half year results.
UBS AG will make its trading decisions in relation to the
Company's securities independently of, and uninfluenced by, the
Company. The shares repurchased will be held in treasury.
Any purchases will be undertaken within certain pre-set
parameters, and in accordance with both the Company's general
authority to repurchase shares and Chapter 12 of the Listing Rules
which requires that the maximum price is an amount equal to 105 per
cent of the average market value of the Company's shares for the
five business days immediately preceding the date on which the
Company's shares are purchased.
The Company confirms that it currently has no unpublished inside
information.
Enquiries:
Investor Relations
Mike Nightingale/Victoria Buxton/William Houston/John Harney
+44 20 7845 1180/2012/1138/1263
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
POSXZLFLLQLZBBE
(END) Dow Jones Newswires
June 24, 2022 12:05 ET (16:05 GMT)
British American Tobacco (LSE:BATS)
Historical Stock Chart
From Apr 2024 to May 2024
British American Tobacco (LSE:BATS)
Historical Stock Chart
From May 2023 to May 2024