Corporate Update
British American Tobacco PLC announced that it will conduct a transaction in its own shares, following authorisation obtained from shareholders at the company’s annual general meeting earlier this year. The move is part of the company’s ongoing share‑buyback programme, which is intended to support the share price and enhance shareholder value.
The announcement comes amid a period of steady performance for the company’s stock, which has extended a run of gains over several trading sessions. Investors who held shares in BAT over the past five years have benefited from a substantial increase in the value of their holdings, reflecting the company’s solid performance in the consumer‑staples sector.
No additional operational or financial details were disclosed in the release.
