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BAT's Unit Intends To Sell c.2.3% Of Issued Ordinary Share Capital In ITC Limited

ReutersMay 27, 2025 3:19 PM

- British American Tobacco PLC BATS.L:

  • BRITISH AMER.TOBACCO - LAUNCH OF PROPOSED BLOCK TRADE OF ITC SHARES

  • BAT: CO'S UNIT INTENDS TO SELL C.2.3 PER CENT OF ISSUED ORDINARY SHARE CAPITAL IN ITC LIMITED TO INSTITUTIONAL INVESTORS

  • BAT - TRANSACTION HAS NO IMPACT ON 2025 OR 2026 GUIDANCE

  • BAT - INTENDED £200M INCREASE IN SHARE BUYBACK TO TOTAL OF £1.1BN IN 2025 UNDER DEAL

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