British American Tobacco Buys Back Own Shares
Ticker: BTAFF · Form: 6-K · Filed: Nov 22, 2024 · CIK: 1303523
Sentiment: neutral
Topics: share-buyback, disclosure
TL;DR
BAT is buying back its own stock, signaling confidence.
AI Summary
On November 22, 2024, British American Tobacco p.l.c. announced a transaction in its own shares. The company is engaging in share repurchases, as detailed in a press release dated November 22, 2024, 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 disclosure of share repurchase activity, which is common for publicly traded companies.
Key Players & Entities
- British American Tobacco p.l.c. (company) — Registrant
- November 22, 2024 (date) — Date of press release and filing
FAQ
What type of transaction did British American Tobacco p.l.c. announce on November 22, 2024?
British American Tobacco p.l.c. announced a transaction in its own shares, specifically a share repurchase, as detailed in a press release dated November 22, 2024.
What is the filing type and date?
The filing is a Form 6-K, filed as of November 22, 2024.
Where is British American Tobacco p.l.c. headquartered?
British American Tobacco p.l.c. is headquartered in London, United Kingdom, with its principal executive office at Globe House, 4 Temple Place, London WC2R 2PG.
Does the company file annual reports under Form 20-F or 40-F?
The company indicates it files annual reports under cover of Form 20-F.
What is included as an exhibit to this 6-K filing?
Exhibit 1 to this 6-K filing is a Press Release entitled 'Transaction in own shares' dated November 22, 2024.
Filing Stats: 179 words · 1 min read · ~1 pages · Grade level 9.7 · Accepted 2024-11-22 10:42:15
Filing Documents
- form6-k.htm (6-K) — 18KB
- ex-1.htm (EX-1) — 618KB
- 0000950157-24-001554.txt ( ) — 637KB
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/ Christopher Worlock Name: Christopher Worlock Title: Assistant Secretary Date: November 22, 2024