British American Tobacco Buys Back Own Shares
Ticker: BTAFF · Form: 6-K · Filed: Oct 23, 2024 · CIK: 1303523
Sentiment: neutral
Topics: share-buyback, company-news
TL;DR
BAT is buying back its own stock, signaling confidence.
AI Summary
British American Tobacco p.l.c. announced a transaction in its own shares on October 23, 2024. The company is engaging in share repurchases, as detailed in a press release filed as an exhibit to this 6-K form.
Why It Matters
Share buybacks can signal management's confidence in the company's valuation and potentially increase earnings per share.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of a share repurchase program, which is a common corporate action.
Key Players & Entities
- British American Tobacco p.l.c. (company) — Registrant
- October 23, 2024 (date) — Filing date and press release date
FAQ
What type of transaction did British American Tobacco announce on October 23, 2024?
British American Tobacco announced a transaction in its own shares.
What is the filing form used by British American Tobacco?
British American Tobacco filed a Form 6-K.
What is the principal executive office address of British American Tobacco?
The principal executive office is located at Globe House, 4 Temple Place, London WC2R 2PG, United Kingdom.
Does British American Tobacco file annual reports under Form 20-F?
Yes, British American Tobacco indicated it files annual reports under Form 20-F.
What exhibit is included with this 6-K filing?
Exhibit 1 is a press release titled 'Transaction in own shares' dated October 23, 2024.
Filing Stats: 181 words · 1 min read · ~1 pages · Grade level 9.6 · Accepted 2024-10-23 08:22:49
Filing Documents
- form6-k.htm (6-K) — 17KB
- ex-1.htm (EX-1) — 608KB
- 0000950157-24-001432.txt ( ) — 626KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. British American Tobacco p.l.c. By: /s/ Nancy Jiang Name: Nancy Jiang Title: Senior Assistant Company Secretary Date: October 23, 2024