British American Tobacco share buyback update: BAT repurchases stock as 2026 outlook stays cautious
British American Tobacco bought back 100,227 shares for about £4.31 million on March 6, cancelling them and reducing its share count to 2.17 billion. The company is running a £1.3 billion buyback for 2026 and raised its annual dividend 2% to 245.04 pence. BAT’s Velo nicotine pouch reached No. 2 in U.S. market share, while the group expects 2026 results at the lower end of its guidance.