British American Tobacco p.l.c.

BATS

GB0002875804

Tobacco

Market Closed - London S.E. Other stock markets 11:35:02 2026-01-13 am EST			5-day change	1st Jan Change
4,205.00 ^GBX	+2.09%		+3.39%	-0.21%

Jan. 08	European Equities Traded in the US as American Depositary Receipts Decline in Thursday Trading	MT
Jan. 05	FTSE 100 at record close despite Venezuela nerves	AN

British American Tobacco Sells 9% of ITC Hotels Stock for $419.8 Million

Published on 12/05/2025 at 03:07 am EST - Modified on 12/05/2025 at 03:14 am EST

Dow Jones

British American Tobacco p.l.c.

+2.09%

ITC Hotels Limited

+0.96%

British American Tobacco (Malaysia)

+0.22%

By Joe Stonor

British American Tobacco said it sold 9% of ITC Hotels' stock for $419.8 million, the lower end of the range set on Thursday.

The U.K. tobacco group--which makes the Kent and Lucky Strike brands--said Friday that it sold 187.5 million shares in Mumbai-listed ITC through an accelerated bookbuild process. Proceeds from the sale would go toward reaching debt-to-earnings targets, the company added.

On Thursday BAT said it planned to sell between 7% and 15.3% of ITC Hotels' issued shares.

BAT retains around a 6.3% stake in ITC after the sale, which it holds through subsidiaries.

Write to Joe Stonor at josephmichael.stonor@wsj.com

(END) Dow Jones Newswires

12-05-25 0306ET

Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BRITISH AMERICAN TOBACCO P.L.C.	4,205.00GBX	+2.09%	+3.39%	120B
ITC HOTELS LIMITED	192.44INR	+0.96%	-2.94%	4.4B
BRITISH AMERICAN TOBACCO (MALAYSIA)	4.600MYR	+0.22%	+2.91%	319M

Latest news about British American Tobacco p.l.c.

Jan. 08	European Equities Traded in the US as American Depositary Receipts Decline in Thursday Trading	MT
Jan. 05	FTSE 100 at record close despite Venezuela nerves	AN
Jan. 05	European Equities Traded in the US as American Depositary Receipts Rise Monday	MT
Dec. 29	FTSE 100 edges lower in quiet end of year trade	AN
Dec. 23	British American Tobacco CCO sells stock for GBP750,000	AN
Dec. 19	European Equities Traded in the US as American Depositary Receipts Rise in Friday Trading, Slightly Higher for Week	MT
Dec. 18	Italy raids illegal tobacco factory, seizes 27 tonnes of cigarettes	RE
Dec. 16	Société Bic S.A. Appoints Karen Guerra as Independent Director, Effective December 16, 2025	CI
Dec. 15	BRITISH AMERICAN TOBACCO : Barclays remains its Buy rating	ZD
Dec. 12	FTSE 100 drops on weak growth data, US tech falls	AN
Dec. 12	European Equities Traded in the US as American Depositary Receipts Lower in Friday Trading; Shares Still Up This Week	MT
Dec. 12	Kepler Cheuvreux Kicks Off British American Tobacco at Buy	MT
Dec. 12	BAT says Holly Keller Koeppel to step down from audit committee	RE
Dec. 12	British American Tobacco p.l.c. Announces Board Committee Changes, Effective 31 December 2025	CI
Dec. 11	Shell appoints new non-executive directors as two depart	AN
Dec. 10	Tobacco industry links with EU officials underreported, campaigners say	RE
Dec. 10	European stocks mixed ahead of likely US rate cut	AN
Dec. 10	BRITISH AMERICAN TOBACCO : JP Morgan remains Neutral	ZD
Dec. 10	BRITISH AMERICAN TOBACCO : Deutsche Bank reiterates its Buy rating	ZD
Dec. 10	Deutsche Bank cuts Kingfisher; BofA raises HSBC	AN
Dec. 10	British American Tobacco picks UBS for 2026 buyback tranche	AN
Dec. 10	BRITISH AMERICAN TOBACCO : Buy rating from Jefferies	ZD
Dec. 10	British American Tobacco Extends Stock Repurchase Plan by GBP1.3 Billion	MT
Dec. 10	British American Tobacco Price Target, Earnings Forecasts Revised as RBC Notes Midterm Profitability Headwinds	MT
Dec. 09	FTSE 100 Muted; WPP Shines on UK Ads Contracts	MT

Chart British American Tobacco p.l.c.

Duration

Period

BATS: Dynamic Chart

Company Profile

British American Tobacco p.l.c. is one of the world's tobacco producers. The group also produces cigars, rolling and pipe tobacco. In 2024, the group sold 505 billion cigarettes (owned a portfolio of over 200 brands, of which Lucky Strike, Dunhill, Kent, Pall Mall, Kool and Rothmans). Net sales are distributed geographically as follows: the United States (43.6%), Americas and Europe (35.7%), and Asia/Pacific/Middle East/Africa (20.7%).

Employees

48,989

Sector

Tobacco

Calendar

Feb. 11 - Q4 2025 Earnings Release

More about the company