British American Tobacco plc has announced the purchase of its ordinary shares from UBS AG as part of its buyback program. The company bought 210,000 ordinary shares at prices ranging from 2281.00p to 2315.00p per share. Following the purchase and cancellation of these shares, the company will have 2,230,669,954 ordinary shares in issue (excluding treasury shares) and will hold 220,278,630 ordinary shares in treasury.

The information about the purchase and cancellation of shares may be used by shareholders to determine whether they are required to notify their interest or a change to their interest in the company under the FCA's Disclosure Guidance and Transparency Rules. The company also provided a schedule of individual trades carried out by UBS AG on 19 April 2024, including the number of shares purchased, transaction prices, and the market and time of each transaction.

This announcement provides transparency regarding the company's buyback program and its impact on the number of shares in issue and held in treasury. It also serves as a regulatory disclosure for shareholders to assess their interest in the company.