British American Tobacco Buys Back Own Shares
Ticker: BTAFF · Form: 6-K · Filed: Oct 29, 2024 · CIK: 1303523
Sentiment: neutral
Topics: share-buyback, transaction
TL;DR
BAT is buying back its own stock, signaling confidence.
AI Summary
On October 29, 2024, British American Tobacco p.l.c. announced a transaction in its own shares. The company is executing a share buyback program, as detailed in a press release filed as an exhibit to this 6-K report.
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 report of a share buyback transaction and does not contain significant new financial or operational information.
Key Players & Entities
- British American Tobacco p.l.c. (company) — Registrant
- October 29, 2024 (date) — Transaction date
FAQ
What type of transaction did British American Tobacco announce on October 29, 2024?
British American Tobacco p.l.c. announced a transaction in its own shares, specifically a share buyback, as detailed in a press release.
What is the filing type and date?
The filing is a Form 6-K, filed on October 29, 2024.
Where is British American Tobacco p.l.c. headquartered?
The company's 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 or 40-F?
British American Tobacco p.l.c. files annual reports under cover of Form 20-F.
What exhibit is included with this 6-K filing?
The filing includes Exhibit 1, a Press Release entitled 'Transaction in own shares' dated October 29, 2024.
Filing Stats: 181 words · 1 min read · ~1 pages · Grade level 9.6 · Accepted 2024-10-29 11:34:04
Filing Documents
- form6-k.htm (6-K) — 17KB
- ex-1.htm (EX-1) — 379KB
- 0000950157-24-001449.txt ( ) — 398KB
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 29, 2024