British American Tobacco executes share buyback program

British American Tobacco p.l.c. (JSE:BTI) announced that it purchased 114,335 ordinary shares, priced at 25 pence each (GBX25), from Merrill Lynch International on June 11, 2025. The highest price paid per share was GBX3,571.00, the lowest was GBX3,498.00, and the volume-weighted average price was GBX3,545.2034. The buyback is part of a programme previously authorised by shareholders at the company's Annual General Meeting on April 16, 2025, and initially announced on March 18, 2024. The company intends to cancel the purchased shares. Following the purchase and cancellation, British American Tobacco will have 2,196,691,733 ordinary shares in issue (excluding treasury shares) and will hold 133,005,360 ordinary shares in treasury.