British American Tobacco continues share buyback program

British American Tobacco p.l.c. (JSE: BTI) announced today that it has bought back 86,453 of its ordinary shares at an average price of 3,600.6882 pence each. The purchase, executed on June 17, 2025, was carried out through Merrill Lynch International and is part of the company’s ongoing share buyback program, initially announced on March 18, 2024. The highest price paid per share was 3,613.00 pence, and the lowest was 3,570.00 pence. The company intends to cancel the purchased shares. Following the cancellation, British American Tobacco will have 2,196,341,777 ordinary shares in issue, excluding 133,005,360 ordinary shares held in treasury.