BAT's Shareholders Call for Share Buyback to Boost Price, FT Reports
23 Mayo 2023 - 4:55AM
Noticias Dow Jones
--British American Tobacco top-shareholders are urging the new
Chief Executive Tadeu Marroco to restart share buyback programs in
order to boost the group's stock price and speed up the return of
capital to shareholders, the Financial Times reports.
--The FTSE 100 cigarette maker's share price fell 20% in the
current year, following a $635 million penalty for selling
cigarettes to North Korea despite sanctions and amid a sluggish
transition to vapes and heated tobacco products, FT reports.
Full story: bit.ly/3BOrWiD
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
May 23, 2023 05:40 ET (09:40 GMT)
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