Cape Town - British American Tobacco [JSE:BTI] (BAT) has announced on Friday that it has purchased 450 000 of its ordinary shares of 25 pence each on Thursday.
This is in accordance with the authority granted by shareholders at the company's annual general meeting in April.
The average price was 3 377.0125p per share. The highest price paid was 3 439.5p per share and the lowest price paid was 3 330p per share.
The Company intends to hold these shares in treasury. Following the purchase of these shares, the company holds 111 798,237 of its shares in treasury.
The company has 1 914 644 633 ordinary shares in issue (excluding treasury shares).
BAT shares traded down 0.31% at R529.27 in early trade on Friday.
This is in accordance with the authority granted by shareholders at the company's annual general meeting in April.
The average price was 3 377.0125p per share. The highest price paid was 3 439.5p per share and the lowest price paid was 3 330p per share.
The Company intends to hold these shares in treasury. Following the purchase of these shares, the company holds 111 798,237 of its shares in treasury.
The company has 1 914 644 633 ordinary shares in issue (excluding treasury shares).
BAT shares traded down 0.31% at R529.27 in early trade on Friday.