BAT Buys Back Shares on LSE
Ticker: BTAFF · Form: 6-K · Filed: Nov 26, 2024 · CIK: 1303523
Sentiment: neutral
Topics: share-buyback, transaction
TL;DR
BAT just bought back 1.1M shares on the LSE for ~£25.3M.
AI Summary
British American Tobacco p.l.c. announced a transaction in its own shares on November 26, 2024. The company purchased a total of 1,100,000 ordinary shares at an average price of 2,300 pence per share. This transaction was conducted on the London Stock Exchange.
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 and does not indicate any new or significant risks.
Key Numbers
- 1,100,000 — Shares Repurchased (Represents the total number of ordinary shares bought back by the company.)
- 2,300 pence — Average Share Price (The average price paid per ordinary share during the transaction.)
Key Players & Entities
- British American Tobacco p.l.c. (company) — Filer of the report
- 1,100,000 (dollar_amount) — Number of ordinary shares purchased
- 2,300 pence (dollar_amount) — Average price per share
- November 26, 2024 (date) — Date of the share transaction
- London Stock Exchange (company) — Venue for the share transaction
FAQ
What was the total number of ordinary shares purchased by British American Tobacco p.l.c.?
British American Tobacco p.l.c. purchased a total of 1,100,000 ordinary shares.
On what date did the transaction in own shares occur?
The transaction in own shares occurred on November 26, 2024.
What was the average price per share for the repurchased shares?
The average price per share was 2,300 pence.
Where did the share transaction take place?
The share transaction took place on the London Stock Exchange.
What is the total approximate value of the shares repurchased?
The total approximate value of the shares repurchased is 25,300,000 pence, or approximately £25.3 million (1,100,000 shares * 2,300 pence/share).
Filing Stats: 181 words · 1 min read · ~1 pages · Grade level 9.6 · Accepted 2024-11-26 13:21:50
Filing Documents
- form6-k.htm (6-K) — 17KB
- ex-1.htm (EX-1) — 466KB
- 0000950157-24-001563.txt ( ) — 484KB
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: November 26, 2024