British American Tobacco cancels shares after buyback program

British American Tobacco p.l.c. has disclosed a transaction involving the purchase of 122,244 of its ordinary shares of 25 pence each from Banco Santander, S.A., as part of its buyback program initiated on March 18, 2024. The shares were acquired on September 2, 2025.

The highest price paid per share was GBX4,109.00, while the lowest was GBX4,035.00. The volume-weighted average price for the shares purchased was GBX4,078.4734. The company intends to cancel these purchased shares.

Following the cancellation, British American Tobacco p.l.c. will have 2,190,008,802 ordinary shares in issue, excluding treasury shares, which carry voting rights. Additionally, the company will hold 132,999,412 ordinary shares in treasury.

This information is provided to assist shareholders in determining their obligations under the FCA's Disclosure Guidance and Transparency Rules regarding notification of their interest in the company. The transaction was executed in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014, as it applies in the UK.