IN BRIEF: British American Tobacco enters next phase of buyback scheme
British American Tobacco PLC - London-based maker of cigarette and vaping products - Enters agreement with Goldman Sachs International to repurchase shares, commencing Thursday next week and running to December 23 this year. This follows the initiation of the company's repurchase programme back in March 2024. At this time, BAT said it will buy back up to GBP1.60 billion in shares, divided as GBP700 million in 2024 and GBP900 million in 2025. This programme followed the sale of 436.9 million shares in Indian consumer goods company ITC Ltd for GBP1.57 billion. In March last year, BAT said the full programme would complete by December 31 this year. Read More