S.A.U. (@SAUgut77) su getquin

S.A.U.

1Settimana·

British American Tobacco
$BATS (-0,24%) signed on Thursday new
share buyback program

British American Tobacco (BATS.L, BTI.JO) has signed an agreement with Merrill Lynch International for a new share buyback program for 2025 to reduce its share capital.

Under the terms of the irrevocable, non-discretionary agreement with the tobacco giant, Merrill Lynch will repurchase shares between January 2, 2025 and February February 12, 2025 up to 223,642,156 shares as announced on Thursday.

The shares will subsequently be canceled.

14 Commenti

Robert@Iwant_money_423

Very nice! My most daring and best investment to date. Back then, everyone here thought I was crazy.

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MHi_292@Valueformoney

Given the favorable P/E ratio and the good cash flows, this makes sense - precisely because no more growth is expected from the business, this is a good alternative to increase shareholder value. However, the debt must also be reduced.

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