BAT cancels 658,415 shares in British American Tobacco stock buyback
Published on 10/22/2026 at 09:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBuyback and transformation figures
- BAT purchased 658,415 shares between October 12 and October 16, 2026.
- Smokeless products represented 19.80 percent of group revenue in the first half of 2026.
- British American Tobacco stock stood at EUR 52.16 on October 22, 2026 at 8:44 a.m. CEST on Xetra, 0.27 percent below the Xetra close.
British American Tobacco (ISIN GB0002875804) stood at EUR 52.16 on Xetra on October 22, 2026 at 8:44 a.m. CEST, 0.27 percent below the EUR 52.30 Xetra close. The latest corporate signal was a share cancellation: Financial Times reported on October 19, 2026 that BAT had bought 658,415 ordinary shares and intended to cancel them.
Three buyback dates matter
The chronology shows a consistent capital-return strategy. On September 29, 2026, BAT presented its Horizon 2030 plan and targeted mid-teens New Category revenue growth through 2030, according to British American Tobacco. On October 7, 2026, it announced purchases from October 13 through December 23 to reduce share capital, as Investegate reported. The October 19 transaction added 658,415 cancelled shares to that program.
What does the transformation mean?
The operating figures show why the buyback is paired with a portfolio shift. In the first half of 2026, revenue reached GBP 12.24 billion, up 1.40 percent reported, while adjusted profit from operations rose 3.50 percent to GBP 5.43 billion. Adjusted diluted earnings per share increased 7.90 percent to 164 pence, according to Yahoo Finance. Smokeless products accounted for 19.80 percent of group revenue, while New Category revenue grew 18.00 percent in the same period.
Next date for shareholders
British American Tobacco is scheduled to report fiscal year 2026 results on February 11, 2027, according to Simply Wall St. That date will test whether the company can deliver its 2026 guidance for revenue growth of 3.00 percent to 5.00 percent and adjusted operating profit growth of 4.00 percent to 6.00 percent.
Stock stays below the close
At EUR 52.16, the Xetra indication was EUR 0.14 below the October 21, 2026 close of EUR 52.30. The focus for shareholders is therefore split between the immediate reduction in share count and the pace of New Category growth.
The further course of trading is shown by the continuously updated real-time quote of BAT stock.
British American Tobacco stock facts
- Company: British American Tobacco p.l.c.
- ISIN: GB0002875804
- WKN: 916018
- Ticker: BATS
- Primary exchange: London Stock Exchange
- Price on Xetra (as of October 22, 2026, 8:44 a.m. CEST): EUR 52.16
- Change versus Xetra close: minus 0.27 percent
- Xetra close (October 21, 2026): EUR 52.30
- Market capitalization: GBP 95.0 billion (as of October 22, 2026)
- 52-week range: GBp 3,733.00-5,368.00 (as of October 22, 2026)
- Sector / Industry: Consumer Defensive / Tobacco
- Index membership: FTSE 100
- Next earnings date: February 11, 2027
Market context: Market report FTSE 100.
