Summary by Moomoo AI
British American Tobacco (BAT) has reported a transaction in its own shares on August 19, 2024. The company purchased 89,500 of its ordinary shares from Goldman Sachs International as part of a buyback program that was previously announced on March 18, 2024. The shares were bought on August 16, 2024, at prices ranging from 2763.00p to 2781.00p, with a volume-weighted average price of 2770.19p per share. BAT intends to cancel the acquired shares, which will reduce the number of ordinary shares in issue (excluding treasury shares) to 2,216,739,103 and increase the treasury shares to 133,274,739. This transaction follows the authority granted by shareholders at the company's Annual General Meeting on April 24, 2024. The detailed schedule of individual trades carried out by Goldman Sachs International has been disclosed, providing transparency to shareholders who may need to notify their interest or a change to their interest in the company.