BAT cancels 658,415 shares: what it means for BAT stock

Published on 10/21/2026 at 09:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BAT cancelled 658,415 shares between October 12 and October 16, 2026. BAT stock stood at EUR 52.71 on October 21, 2026.

Buyback and growth targets

BAT cancelled 658,415 shares between October 12 and October 16, 2026.
New Category contribution margin is targeted at 30.00 percent by 2030.
BAT stock stood at EUR 52.71 at 9:16 a.m. CEST at Lang & Schwarz on October 21, 2026.

Isometrische 3D-Illustration einer Lieferkette von Feld über Fabrik bis zum Vertriebszentrum — British American Tobacco plc (GB0002875804) veranschaulicht die gesamte Wertschöpfungskette als isometrische 3D-Grafik-Darstellung, Illustration mit AI erstellt.

British American Tobacco stock (ISIN GB0002875804) stood at EUR 52.71 at Lang & Schwarz on October 21, 2026, after the company cancelled 658,415 shares in its latest buyback tranche. According to TipRanks on October 19, the purchases covered October 12 through October 16.

What the buyback means

The transaction reduced the number of ordinary shares in issue to 2,155,911,533, while BAT held 132,648,864 shares in treasury, according to TipRanks. The buyback changes the share-count denominator for future per-share measures but does not alter the group operating outlook.

Three milestones shape the story

On September 29, 2026, BAT said New Category revenue should grow at a mid-teens rate through 2030 and contribution margin should reach at least 30.00 percent by 2030. The same release kept fiscal-year 2026 guidance at the lower end of 3.00 to 5.00 percent revenue growth and 4.00 to 6.00 percent adjusted profit from operations growth, with adjusted diluted earnings per share growth toward the middle of 5.00 to 8.00 percent. The figures were reported in the company filing carried by StockTitan.

On October 1, 2026, Citi and Deutsche Bank maintained Buy ratings and a GBp 5,200 target, as reported by Yahoo Finance. BAT also reported 35.0 million adult consumers of Smokeless brands as of June 30, 2026, with Smokeless Products contributing 19.8 percent of group revenue.

When are the next results?

British American Tobacco is scheduled to report fiscal-year 2026 results on February 11, 2027, according to Simply Wall St. That date will give investors the next full-year test of the lower-end growth outlook and the progress of the New Categories strategy.

Stock price and company profile

BAT stock was trading at EUR 52.71 at Lang & Schwarz on October 21, 2026 at 9:16 a.m. CEST. The primary listing is on the London Stock Exchange, where the company trades as BATS in GBp. The finance quote for the United States listing showed a market capitalization of USD 128.4 billion as of October 20, 2026.

The further course of trading is shown by the continuously updated real-time quote of BAT stock.