British American Tobacco Continues Share Buyback Program
In a move aimed at returning value to its shareholders, British American Tobacco has continued its share buyback program by purchasing a significant number of its own shares in recent days. The company has acquired these shares from UBS AG at various prices, with the average price paid per share ranging from £30 to £31.
This strategic move is part of British American Tobacco’s ongoing efforts to strengthen its financial position and reward its shareholders. By cancelling the purchased shares, the company will reduce the total number of shares in issue, which can help to increase the value of each remaining share.
Annual Report Released
In addition to its share buyback program, British American Tobacco has also released its annual report for the year ended December 31, 2024. The report includes audited financial statements, providing a comprehensive overview of the company’s performance during the past year. The combined performance and sustainability summary offers insights into the company’s progress in meeting its sustainability goals and its commitment to responsible business practices.
The annual report is a valuable resource for investors, stakeholders, and anyone interested in understanding the company’s financial and operational performance. It provides a detailed picture of British American Tobacco’s achievements and challenges during the past year, as well as its plans and strategies for the future.
Key Highlights
- Average price paid per share: £30-£31
- Number of shares purchased: significant number
- Purpose of share buyback: to return value to shareholders
- Annual report released: year ended December 31, 2024
- Report contents: audited financial statements, combined performance and sustainability summary