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BUZZ-British American Tobacco dips as Reinet to offload shares

ReutersJan 14, 2025 8:24 AM

Shares of British American Tobacco BATS.L down 2.6% at 2856p

Stock is among top losers on FTSE 100 index .FTSE

Reinet Investments REIT.LU to sell 43.3 million shares in BAT at 28.20 pound per share

Share sale to raise gross proceeds of 1.2 million pounds ($1.47 million)

BAT up ~25% in the last year

($1 = 0.8173 pounds)

(Reporting by Anandita Mehrotra in Bengaluru)

((Anandita.Mehrotra@thomsonreuters.com))

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