British American Tobacco cancels shares following buyback program

British American Tobacco p.l.c. purchased 184,025 of its ordinary shares of 25 pence each on October 6, 2025, as part of a buyback program initiated on March 18, 2024. The shares were acquired from Banco Santander, S.A., with the company intending to cancel them.

The highest price paid per share for these transactions was 3,833.00p, while the lowest was 3,779.00p. The volume-weighted average price paid per share was 3,803.8290p. Following the cancellation of these shares, British American Tobacco will have 2,187,005,960 ordinary shares in issue (excluding treasury shares) and will hold 132,998,647 shares in treasury.

This buyback was conducted in accordance with the authority granted by shareholders at the company's Annual General Meeting on April 16, 2025, and adheres to Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK.