British American Tobacco completes share buyback program

British American Tobacco p.l.c. announced on September 17, 2025, the purchase of 122,000 of its ordinary shares of 25 pence each from Banco Santander, S.A. This buyback is part of a program announced on March 18, 2024, and authorized by shareholders on April 16, 2025. The shares were acquired at prices ranging from 4,072.00p to 4,116.00p, with a volume weighted average price of 4,087.1081p. The company intends to cancel these purchased shares.

Following this transaction, British American Tobacco p.l.c. will have 2,188,927,859 ordinary shares in issue (excluding treasury shares), carrying voting rights. Additionally, the company will hold 132,999,412 ordinary shares in treasury. This information is crucial for shareholders to assess their notification obligations regarding interests in the company under the FCA's Disclosure Guidance and Transparency Rules.

A detailed schedule of individual trades executed by Banco Santander, S.A. on September 16, 2025, was provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014. The transactions occurred on the LSE platform throughout the day, with varying share quantities and transaction prices.