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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| British American Tobacco Plc | BATS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 35.00 | 1.20% | 2,946.00 | 13:33:25 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2,930.00 | 2,921.00 | 2,952.00 | 2,911.00 |
| Industry Sector |
|---|
| TOBACCO |
| Top Posts |
|---|
Posted at 14/1/2025 08:39 by muscletrade Reinet on Tuesday agreed to sell its entire shareholding in British American Tobacco PLC to institutional investors, netting GBP1.22 billion.The Luxembourg-based investment vehicle will sell 43.3 million shares in BAT at GBP28.20 each following accelerated bookbuild process, which commenced on Monday. Placing shares represent approximately 1.96% of BAT's share capital. Reinet, which has a market capitalisation of EUR4.30 billion, intends using the proceeds from the share placing for its ongoing investment activity. BAT will not receive any proceeds from the placing, it said. Following the settlement and completion of the placing which is expected to take place on Thursday, Reinet and its subsidiaries will have fully exited their position in BAT and will no longer hold any interest in BAT. Reinet also owns interest in entities like Pension Insurance Corp Group Ltd, and Prescient China funds. As at September 30, 2024, Reinet's interest in BAT comprised 24% of the net asset value of Reinet, being about 48.3 million BAT shares. Reinet expects to announce net asset value of its subsidiary Reinet Fund SCA on or about Thursday next week. Separate from the placing, during November and December 2024, said its indirect subsidiary, Reinet Jersey Holdings Ltd, sold 5 million BAT shares through a "dribble-out" process on the London Stock Exchange, realising gross proceeds of some GBP148.5 million. |
Posted at 11/1/2025 10:35 by anhar A couple of classic small investor misguided beliefs here.1. 3,000 or any round number is irrelevant, so that going above this means nothing and is no more significant than 2,999 or 3,001. It just sounds nice to some people but the big investors who make the market do not care at all about round number prices. 2. Buybacks do not support the share price. They may have other benefits to investors but supporting the price is not one of them. |
Posted at 02/1/2025 14:47 by redbaron10 A New Year,investors repositioning their portfolios to try and make them recession-proof as much as posiible as the global economic data isn't improving? Defensives with good free cash flow to keep paying divis helps that aim? Who knows....but i'm not complaining. |
Posted at 18/12/2024 12:01 by marktime1231 In which case Canada is more like 5-6% of BATs business, surprised it is that high. The loss of profit and cash flow will make quite a dent coupled with lower contribution from trimming the India investment. Taking the shine off BAT outlook which was already dulled by a disappointing debt report blamed on adverse exchange rate movements. Does that reduce the scope for buybacks? Thaddeus needs some good news.Major investors continuing to build powerful stakes in BAT and IMB signalling a future merger which would presumably be constructed on a no cash basis so no bonanza for private investors just a stronger investment proposition. Would save us having to wrestle with which one to back, IMB appears to have the edge for now. |
Posted at 12/12/2024 09:01 by geckotheglorious AJ Bell: Don’t underestimate BATS headwindsBritish American Tobacco (BATS) has managed to grow sales and profits despite the tide turning against smoking and vaping but the headwinds for the industry should not be underestimated, says AJ Bell. The Citywire Elite Companies AAA-rated owner of Lucky Strike and Pall Mall confirmed it would deliver full-year results in line with guidance as trading in the second half had grown as its move towards smokeless products provided a boost. ‘Despite pressures around tighter regulation, healthcare issues moving up the agenda and governments taking steps to stop young people vaping, British American Tobacco continues to grow its sales and profits,’ said Dan Coatsworth. ‘Admittedly, growth rates for next-generation products haven’t been as strong as some companies would have liked, yet the transition from old to new continues to make progress.’ He said investors are ‘warming to the sector again’ reflected in BATS shares, which have risen 28% this year and rose 0.9% to £29.97 on Wednesday, extending gains to 30.6% over the last year. ‘Just like the oil sector lost fans during the wave of interest in all things ESG a decade ago and then regained supporters, it looks like the tobacco and vaping sector is doing the same,’ said Coatsworth. ‘It’s not that simple. The headwinds for the tobacco and vaping industry must not be underestimated… |
Posted at 07/12/2024 12:07 by philanderer BAT non-tobacco progress a wild card in next week's updateBritish American Tobacco PLC (LSE:BATS), in line with its peer Imperial Brands, has been in favour in recent months as investors have focused on cash flow rather than declining volumes of cigarette sales. Volumes are tipped to drop 5.9% in the year just ended by UBS but will be offset by higher prices to leave revenues up by 1.5% with an improving second-half trend. Sales of non-tobacco products will be something else to note says the Swiss bank, especially how quickly they are or aren't growing. Organic profits should see a second-half acceleration with underlying profits likely to be up 1.5% over the year and 3.6% in the second half. The impact of the Russia disposal, however, will mean a 4% decline in statutory earnings per share to 360.5p. Shares currently are 2,964p and close to their year high. proactiveinvestors.c |
Posted at 27/11/2024 10:10 by salver2 True indeed but with Mr Trump at the helm I feel the risks have receded and I think both investors and companies-have realised go woke go broke |
Posted at 19/11/2024 10:46 by montyhedge I took a trading profit, but I have shedloads in an Isa, don't forget i'm one of the 3004 investors who have over 1m in Isas so nice holding.25 investors have over 2m in Isas, hopefully catch them up, lol |
Posted at 17/10/2024 09:15 by topazfrenzy 'Landlords look set to be exempt from Rachel Reeves’s capital gains tax (CGT) raid after Telegraph Money campaigned for Labour to end its war on property investors.In a victory for this newspaper, second home owners and buy-to-let investors will be spared any rises to the levy which instead will target shares and other assets.' She's about to clobber shareholders. |
Posted at 04/9/2024 08:52 by redbaron10 Always look on the bright side and see what opportunities moves in the market provide to investors.BP which is returning £7bn to investors through buybacks and divis and Shell both getting into good value territory now but maybe wait a little longer and get them cheaper still. |
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