British American Tobacco Stock Price Slips Even as BAT Keeps Buying Back Shares
British American Tobacco shares fell 1.4% to 4,295 pence in London on Friday, despite outperforming the FTSE 350 over the past year. The company announced a £25 billion debt programme and continued buybacks, but offered little new operating news. Investors remain cautious amid U.S. regulatory uncertainty affecting BAT’s Vuse brand and the broader vape market.