British American Tobacco Stock Price Slips Even as BAT Keeps Buying Back Shares
British American Tobacco was trading lower in London on Friday, last seen at roughly 4,295 pence by 15:50 GMT—a drop of 1.4% for the session. Shares moved within a range between 4,291 and 4,387 pence. This shift is notable: BAT was among London’s more resilient income plays. According to LSE data, the shares have climbed 38.0% in the past year, ahead of the FTSE 350 by 23.3 percentage points. Thursday’s close at 4,355 pence puts the stock just 6.8% under its March 2, 52-week high.