British American Tobacco up 9.5% as buyback window opens ahead of July results
British American Tobacco p.l.c. faces a new question next week. The company heads in with its closed-period buyback still running, but group guidance hasn’t changed. Shares have climbed, but now investors are watching to see if the buyback alone can push the share count lower. The Lucky Strike and Dunhill maker finished Friday at 4,751p, up 1.13% for the session. Shares climbed every day last week, starting at 4,337p last Friday and gaining 9.5% total. The FTSE 100 dropped 0.21% on Friday, AJ Bell data showed.