British American Tobacco continues share buyback with latest cancellation

British American Tobacco p.l.c. acquired 119,599 of its ordinary shares of 25 pence each on September 11, 2025. This transaction was executed through Banco Santander, S.A. as part of a buyback program initially announced on March 18, 2024. The shares were purchased at prices ranging from 4,142.00p to 4,199.00p, with a volume-weighted average price of 4,169.1961p.

The company intends to cancel all of the purchased shares. Following this cancellation, British American Tobacco p.l.c. will have 2,189,168,191 ordinary shares in issue, excluding 132,999,412 ordinary shares held in treasury. This information is provided to assist shareholders in assessing their notification requirements under the FCA's Disclosure Guidance and Transparency Rules.

The individual trades were carried out on the London Stock Exchange, with transactions recorded throughout September 11, 2025. The buyback aligns with the authority granted to the company by shareholders at its annual general meeting on April 16, 2025.