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British American Tobacco PLC Announces Close Period Of Share Repurchase Programme

Tuesday, 2 Apr 2013 02:00am EDT 

British American Tobacco PLC announced that it will commence an irrevocable, non-discretionary programme to purchase shares on own behalf during the period commencing on April 3, 2013 up to and including April 24, 2013, therefore running through close period which commences on April 2, 2013 and ends on April 24, 2013. The shares repurchased will be put into treasury, rather than being cancelled. Whilst the shares are held in treasury, no dividends will be paid on them and they will have no voting rights. The buy-back programme will be managed by an independent third party, which makes its trading decisions in relation to the Company‚Äôs securities independently of, and uninfluenced by, the Company. 

Latest Developments for British American Tobacco PLC

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7.0 +0.20%
11 Jul 2014