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British American Tobacco Completes Share Buyback Transaction

Strategic Insights

— 2 min read

British American Tobacco has completed a share buyback transaction, purchasing 152,084 ordinary shares worth 25 pence each, as part of its ongoing buyback program authorized by shareholders at the Annual General Meeting on April 16, 2025. The shares were acquired from UBS AG London Branch on July 18, 2025, at prices ranging from 3,783 pence to 3,824 pence per share. The company plans to cancel the purchased shares and retain treasury shares, affecting the total number of shares in issue.

Key Takeaways:

  • British American Tobacco purchased 152,084 ordinary shares as part of its ongoing buyback program, with each share valued at 25 pence.
  • The share buyback was executed under the authority granted by shareholders at the Annual General Meeting on April 16, 2025.
  • The highest price paid per share was 3,824 pence, while the lowest was 3,783 pence.
  • The volume weighted average price for the transaction was 3,801.8132 pence.
  • The company plans to cancel the purchased shares, reducing the total number of shares in issue, excluding treasury shares, to 2,193,751,914.
  • British American Tobacco will retain 133,005,360 shares in treasury.
  • The transaction was executed across multiple platforms on July 18, 2025, including the London Stock Exchange, CHIX, and BATE.
  • The company's strategic move aims to consolidate the share base under the framework of the Market Abuse Regulation (EU) No 596/2014 as applied in the UK.
  • Shareholders are advised to review their holdings in accordance with the FCA's Disclosure Guidance and Transparency Rules to determine any necessary notifications regarding their interests in the company.
  • The buyback represents a moderate move in the company's stock management strategy, reflecting its ongoing efforts to optimize shareholder value.

Statistics:

  • 152,084 ordinary shares were purchased by British American Tobacco as part of its ongoing buyback program.
  • The total value of the purchased shares was £38,271.01, based on a share value of 25 pence.
  • The highest price paid per share was 3,824 pence.
  • The lowest price paid per share was 3,783 pence.
  • The volume weighted average price for the transaction was 3,801.8132 pence.
  • The company plans to retain 133,005,360 shares in treasury.
  • The total number of shares in issue, excluding treasury shares, will be reduced to 2,193,751,914 after the cancellation of the purchased shares.

Sources:

  • Johannesburg Stock Exchange (JSE)
  • British American Tobacco p.l.c.
  • UBS AG London Branch
  • London Stock Exchange
  • CHIX
  • BATE
  • Market Abuse Regulation (EU) No 596/2014
  • FCA's Disclosure Guidance and Transparency Rules

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