British American Tobacco Stock Price Rises Ahead of Ex-Dividend Date as Buyback Support Holds
British American Tobacco shares closed at 4,352 pence in London on Wednesday, up 0.46%, ahead of Thursday’s ex-dividend date and following a buyback of 99,844 shares at an average 4,316.72 pence. The company’s stock remains down about 6% for the month but is up 38% from a year ago. BAT’s ongoing £1.3 billion buyback and a 5.7% dividend yield have supported the price despite management forecasting 2026 growth at the low end of its target range.