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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| British American Tobacco Plc | LSE:BATS | London | Ordinary Share | GB0002875804 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -11.00 | -0.47% | 2,326.00 | 2,326.00 | 2,327.00 | 2,355.00 | 2,325.00 | 2,344.00 | 3,105,689 | 16:35:29 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Cigarettes | 27.72B | -14.37B | -6.4241 | -3.62 | 52.04B |
From Apr 2019 to Apr 2024
By Ed Ballard
LONDON-- British American Tobacco PLC has agreed to settle a long-running dispute over dividend payments and asbestos claims with Flintkote Co. for $575 million.
Flintkote, a U.S. company that formerly sold products containing asbestos, sued British American Tobacco's Canadian subsidiary in 2006 over issues stemming from its acquisition of Genstar Corp., Flintkote's parent company.
"Friday's agreement in principle of the dividend claims and the asbestos-related liabilities, brings this long-running litigation to an end," British American Tobacco said in a statement.
Under the terms of the proposed settlement, British American Tobacco said it would obtain protection from current and potential future Flintkote-related asbestos-liability claims in the U.S.
Write to Ed Ballard at ed.ballard@wsj.com
Access Investor Kit for British American Tobacco Plc
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=GB0002875804
Access Investor Kit for British American Tobacco Plc
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US1104481072
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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