Edition:
United States

British American Tobacco PLC (BTIJ.J)

BTIJ.J on Johannesburg Stock Exchange

72,678.01ZAc
16 Feb 2018
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Latest Key Developments (Source: Significant Developments)

BAT Says U.S. Tax Reform To Result In Non-Cash Exceptional Tax Credit
Tuesday, 9 Jan 2018 02:00am EST 

Jan 9 (Reuters) - British American Tobacco Plc ::IMPACT ON BAT OF NEW US TAX LEGISLATION.‍FOR YEAR TO 31 DECEMBER 2017 ANNOUNCED CHANGES WILL HAVE NO IMPACT ON GROUP'S UNDERLYING EFFECTIVE TAX RATE​.‍FOR YEAR TO 31 DEC, CURRENTLY ANTICIPATE THAT CHANGES WILL REDUCE GROUP'S EFFECTIVE TAX RATE PERCENTAGE TO HIGH-TWENTIES​.‍ANTICIPATE THAT CHANGES WILL RESULT IN A NON-CASH EXCEPTIONAL TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES ​.‍ALL OTHER THINGS BEING EQUAL, CHANGES WOULD RESULT IN A BENEFIT OF 6% TO FULL YEAR 2018 EARNINGS PER SHARE​.‍NON-CASH EXCEPTIONAL TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES ARISING FROM ACQUISITION OF REYNOLDS AMERICAN INC​.  Full Article

U.S. FDA Accepts And Files Modified Risk Tobacco Product Applications For Camel Snus
Monday, 18 Dec 2017 12:55pm EST 

Dec 18 (Reuters) - Reynolds American::U.S. FDA ACCEPTS AND FILES MODIFIED RISK TOBACCO PRODUCT APPLICATIONS FOR CAMEL SNUS.REYNOLDS AMERICAN SAYS FDA ACCEPTED, FILED FOR SUBSTANTIVE REVIEW, 18 MRTP APPLICATIONS COVERING 6 STYLES OF CAMEL SNUS.REYNOLDS AMERICAN SAYS MRTP APPLICATION(S) WILL NOW UNDERGO A SUBSTANTIVE REVIEW PROCESS BY FDA THAT IS EXPECTED TO BE COMPLETED WITHIN A YEAR‍​.  Full Article

British American Tobacco Says ‍Trading Is In Line With Expectations​
Wednesday, 13 Dec 2017 02:00am EST 

Dec 13 (Reuters) - British American Tobacco Plc ::‍TRADING IS IN LINE WITH OUR EXPECTATIONS​.‍FULL YEAR EPS TO BENEFIT FROM A REDUCED CURRENCY TRANSLATION TAILWIND OF 5%​.‍ANTICIPATE FULL YEAR INDUSTRY VOLUME TO BE DOWN AROUND 4%​.‍ORGANIC PRICE MIX IS EXPECTED TO MODERATE IN H2​.‍FULL YEAR ORGANIC PRICE MIX IS EXPECTED TO REMAIN WITHIN HISTORIC RANGES​.‍REYNOLDS AMERICAN INC. (RAI) INTEGRATION ON TRACK, WITH BUSINESSES PERFORMING STRONGLY, DRIVEN BY GOOD SHARE GROWTH AND PRICING​.  Full Article

British American Tobacco ‍Declares Second Interim Dividend
Tuesday, 5 Dec 2017 02:00am EST 

Dec 5 (Reuters) - British American Tobacco Plc ::‍DECLARED A SECOND INTERIM DIVIDEND OF 43.6 PENCE PER ORDINARY SHARE OF 25P FOR YEAR ENDING 31 DECEMBER 2017​.SECOND INTERIM DIVIDEND WILL BE PAYABLE ON 8 FEB 2018.  Full Article

British American Tobacco re-jigs regional management structure
Thursday, 31 Aug 2017 02:00am EDT 

Aug 31 (Reuters) - BRITISH AMERICAN TOBACCO PLC ::TO SIMPLIFY REGIONAL STRUCTURE AND TO FULLY INTEGRATE OUR NEXT GENERATION PRODUCTS BUSINESS INTO CORE OPERATIONS OF GROUP.JACK BOWLES, REGIONAL DIRECTOR, ASIA-PACIFIC, WILL BE APPOINTED TO NEWLY CREATED ROLE OF COO FOR INTERNATIONAL BUSINESS, EXCLUDING UNITED STATES.RICARDO OBERLANDER, REGIONAL DIRECTOR, AMERICAS, WILL BE APPOINTED REGIONAL DIRECTOR, AMERICAS AND SUB-SAHARAN AFRICA.TADEU MARROCO, REGIONAL DIRECTOR, WESTERN EUROPE, WILL BE APPOINTED REGIONAL DIRECTOR, EUROPE AND NORTH AFRICA.JOHAN VANDERMEULEN, REGIONAL DIRECTOR, EEMEA, WILL BE APPOINTED REGIONAL DIRECTOR, ASIA-PACIFIC AND MIDDLE EAST.ANDREW GRAY, DIRECTOR, MARKETING, WILL BE APPOINTED CHIEF MARKETING OFFICER, REPORTING DIRECTLY TO CHIEF EXECUTIVE, WITH EFFECT FROM OCT 1 2017.  Full Article

British American Tobacco recommends stockholders reject mini-tender offer by TRC Capital Corp
Thursday, 17 Aug 2017 05:50am EDT 

Aug 17 (Reuters) - BRITISH AMERICAN TOBACCO PLC ::NOTIFIED OF UNSOLICITED 'MINI-TENDER' OFFER BY TRC CAPITAL TO BUY UP TO 2 MILLION ADS OF BAT AT A PRICE OF $60.13 PER ADS IN CASH.DOES NOT ENDORSE TRC'S MINI-TENDER OFFER AND RECOMMENDS THAT BAT ADS HOLDERS DO NOT TENDER THEIR ADSS IN RESPONSE TO OFFER.  Full Article

B.A.T CAPITAL says raised proceeds of about $17.25 bln
Thursday, 10 Aug 2017 02:52am EDT 

Aug 10 (Reuters) - BRITISH AMERICAN TOBACCO PLC :B.A.T CAPITAL CORP SAID IT SUCCESSFULLY PRICED US DOLLAR DENOMINATED ISSUE OF NOTES, RAISING PROCEEDS OF ABOUT $17.25 BILLION.  Full Article

UK's SFO confirms investigation of BAT on suspicions of corruption
Tuesday, 1 Aug 2017 03:21am EDT 

Aug 1 (Reuters) - UK'S SERIOUS FRAUD OFFICE: :UK'S SFO - CONFIRMS IT IS INVESTIGATING SUSPICIONS OF CORRUPTION IN THE CONDUCT OF BUSINESS BY BAT P.L.C, ITS SUBSIDIARIES AND ASSOCIATED PERSONS.  Full Article

British American Tobacco says informed of investigation into misconduct allegations
Tuesday, 1 Aug 2017 02:00am EDT 

Aug 1 (Reuters) - British American Tobacco Plc :HAS BEEN INFORMED THAT SFO HAS NOW OPENED A FORMAL INVESTIGATION.INTENDS TO CO-OPERATE WITH THAT INVESTIGATION..CO-OPERATING WITH SERIOUS FRAUD OFFICE AND BRITISH AMERICAN TOBACCO HAS BEEN INFORMED THAT SFO HAS OPENED FORMAL INVESTIGATION.  Full Article

BAT completes $49 billion Reynolds acquisition
Tuesday, 25 Jul 2017 08:34am EDT 

July 25 (Reuters) - British American Tobacco Plc :BAT COMPLETES ACQUISITION OF REYNOLDS.  Full Article

BUZZ -Imperial shares fizzle after Japan Tobacco CEO dampens deal chatter

** Imperial Brands shares down 2.6 percent on Thursday, touching their lowest level since August 2015