British American Tobacco kicks off buyback as company looks to boost flagging share price March 18, 2024 Under the buyback plan, BAT plans to repurchase £1.6bn worth of its ordinary shares, with £700m slated for 2024 and £900m to follow in 2025.
British American confirms plan to launch buyback after Indian partner stake sale March 12, 2024 British American Tobacco (BAT) is reportedly set to begin a begin a partial sale of its stake in Indian partner ITC as early as this week.
BAT opens £30m research centre in UK as part of drive for ‘smokeless future’ March 11, 2024 BAT has opened a £30m 'innovation centre' in the UK as it looks to ramp up development and production of its vaping and smokeless products.
FTSE 100 close: London dragged lower by Astrazeneca, DS Smith soars after takeover rumours February 8, 2024 Shares in Astrazeneca, the biggest company listed in London, dropped 6.3 per cent even after reporting an increase in revenue in 2023.
British American Tobacco slumps to £15.7bn loss as higher impairment charge on US brands wipes out profit February 8, 2024 British American Tobacco has said the size of its writedown on the value of its US brands has increased to £27.3bn.
The FTSE 100 stocks that have turned £100 into £30k over the past 40 years January 3, 2024 As the FTSE 100 celebrates its fortieth birthday, City A.M. looks back at what invested should have invested in when the index first launched in 1984.
BAT plunges nine per cent after announcing £25bn hit December 6, 2023 British American Tobacco has said 50 per cent of its revenue will come from non-combustible products such as vapes by 2035.
Vape firms warned Labour will ‘come down like tonne of bricks’ October 11, 2023 A Labour government will “come down like a tonne of bricks” on vaping firms marketing products to children under 18, Wes Streeting has said. The shadow health secretary accused the vape industry of seeking to “addict a generation” and suggested appealing flavours like “rainbow burst” were designed to attract kids. Delivering his speech at Labour [...]
British American Tobacco completes long-awaited exit from Russia, just 18 months late September 7, 2023 Around 2,500 people are employed in Russia, where the firm has 75 regional offices and a manufacturing facility.
‘Quit smoking’ message could be put inside cigarette packs August 14, 2023 ‘Quit smoking’ messages could be added to the inside of cigarette packs under draft proposals being considered by the government. The inserts would set out the health and financial benefits of giving up and signpost advice and support available to those trying to quit smoking, the Department of Health (DHSC) said. A consultation launched on [...]