British American Tobacco executes share buyback program

British American Tobacco PLC has announced the purchase of 148,863 ordinary shares, priced at 25 pence each, as part of its previously announced buyback program. Executed on July 4, 2025, through UBS AG London Branch, the shares were bought at a volume-weighted average price of 3,541.1096p per share, with prices ranging from 3,527.00p to 3,557.00p. The company intends to cancel these purchased shares. Following the transaction, British American Tobacco will have 2,194,983,666 ordinary shares in issue, excluding 133,005,360 held in treasury. Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities acted as the sponsor for the buyback.