British American Tobacco sets 61.26p November dividend
BAT reiterated its FY2026 growth ranges and outlined New Category revenue and contribution-margin ambitions through 2030.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
British American Tobacco p.l.c. reported purchases from Goldman Sachs International during September 21–25, 2026: daily volumes were 100,000, 100,000, 100,000, 150,000 and 150,000 shares. It intends to cancel them; following purchase and cancellation, 2,157,884,349 ordinary shares will be in issue excluding treasury shares, and 132,648,864 will be held in treasury.
BAT remains on track toward FY2026 revenue growth of 3–5% and adjusted profit from operations growth of 4–6%, both toward the lower end, and adjusted diluted EPS growth of 5–8% toward the midpoint. These ranges are at constant rates and on an adjusted for Canada basis. It expects New Category revenue to grow by mid-teens through 2030 and contribution margin to reach at least 30% by 2030; BAT expects to be within its 2.0–2.5x target leverage range by year-end.
The November 2026 dividend is 61.26p per share, payable November 6, 2026, to holders registered October 2, 2026. For South Africa branch-register holders, the rate is 1,330.36504 SA cents per share before 20% dividends tax; the stated net rate after withholding is 1,064.29203 SA cents, unless an exemption applies. BAT issued 12,810 Sharesave Scheme shares between August 1 and August 31, 2026.
Key Figures
Key Terms
translational FX headwind financial
target leverage range financial
Block Admission regulatory
South Africa Dividends Tax regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is BTI's FY2026 growth outlook?
When is BTI's November 2026 dividend payable?
How is BTI's November dividend classified for South African tax?
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
October 1, 2026
Commission File Number: 001-38159
BRITISH AMERICAN TOBACCO P.L.C.
(Translation of registrant’s name into English)
Globe House
4 Temple Place
London WC2R 2PG
United Kingdom
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
This report includes materials as exhibits that have been published and made available by British American Tobacco p.l.c. as of the date indicated in the relevant exhibit description.
EXHIBIT INDEX
| Exhibit | Description | ||
| Exhibit 1 | Press Release entitled “Transaction in own shares” dated September 1, 2026. | ||
| Exhibit 2 | Press Release entitled “British American Tobacco p.l.c. (the “Company”) - Voting Rights and Capital” dated September 1, 2026. | ||
| Exhibit 3 | Press Release entitled “British American Tobacco p.l.c. (“the Company”) - Issue of Shares” dated September 1, 2026. | ||
| Exhibit 4 | Press Release entitled “British American Tobacco p.l.c. (“the Company”) - Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them” dated September 2, 2026. | ||
| Exhibit 5 | Press Release entitled “British American Tobacco p.l.c. (“the Company”) - Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them” dated September 2, 2026. | ||
| Exhibit 6 | Press Release entitled “British American Tobacco p.l.c. (“the Company”) - Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them” dated September 3, 2026. | ||
| Exhibit 7 | Press Release entitled “Transaction in own shares” dated September 7, 2026. | ||
| Exhibit 8 | Press Release entitled “British American Tobacco p.l.c. (“the Company”) - Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them” dated September 9, 2026. | ||
| Exhibit 9 | Press Release entitled “Transaction in own shares” dated September 14, 2026. | ||
| Exhibit 10 | Press Release entitled “British American Tobacco p.l.c. (the “Company”) - Quarterly Dividends for the year ended 31 December 2025: Payment No. 3 - November 2026 (the “November 2026 Dividend”) - South Africa Branch Register Finalisation Information” dated September 21, 2026. | ||
| Exhibit 11 | Press Release entitled “Transaction in own shares” dated September 21, 2026. | ||
| Exhibit 12 | Press Release entitled “Transaction in own shares” dated September 28, 2026. | ||
| Exhibit 13 | Press Release entitled “BAT 2026 Capital Markets Day” dated September 29, 2026. | ||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| British American Tobacco p.l.c. | ||||
| By: | /s/ Christopher Worlock | |||
| Name: | Christopher Worlock | |||
| Title: | Assistant Secretary | |||
Date: October 1, 2026
Exhibit 1
British American Tobacco p.l.c.
1 September 2026
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the “Company”) announces that in accordance with the authority granted by shareholders at the Company’s Annual General Meeting on 15 April 2026 it purchased the following number of its ordinary shares of 25 pence each (“Shares”) from Goldman Sachs International during the period from 24 August 2026 to 28 August 2026 as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 24 August 2026 | 25 August 2026 | 26 August 2026 | 27 August 2026 | 28 August 2026 |
| Number of ordinary shares of 25 pence each purchased: | 155,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| Highest price paid per share (pence): | 4,185.00p | 4,187.00p | 4,226.00p | 4,214.00p | 4,163.00p |
| Lowest price paid per share (pence): | 4,112.00p | 4,110.00p | 4,134.00p | 4,169.00p | 4,130.00p |
| Volume weighted average price paid per share (pence): | 4,152.25p | 4,136.11p | 4,169.36p | 4,193.27p | 4,147.18p |
The Company intends to cancel the purchased Shares.
Following the purchase and cancellation of these Shares, the Company will have 2,159,784,896 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 132,648,864 ordinary shares in treasury. This information 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.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by Goldman Sachs International during the period set out above is detailed in the attached:
http://www.rns-pdf.londonstockexchange.com/rns/9255S_1-2026-9-1.pdf
http://www.rns-pdf.londonstockexchange.com/rns/9255S_2-2026-9-1.pdf
http://www.rns-pdf.londonstockexchange.com/rns/9255S_3-2026-9-1.pdf
http://www.rns-pdf.londonstockexchange.com/rns/9255S_4-2026-9-1.pdf
http://www.rns-pdf.londonstockexchange.com/rns/9255S_5-2026-9-1.pdf
Enquiries:
Investor Relations
Victoria Buxton | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) |
Daily weighted average price of shares acquired |
Platform |
| British American Tobacco p.l.c. | GB0002875804 | 24/08/2026 | 155,000 | 4,152.25p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 24/08/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 24/08/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 25/08/2026 | 100,000 | 4,136.11p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 25/08/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 25/08/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 26/08/2026 | 100,000 | 4,169.36p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 26/08/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 26/08/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 27/08/2026 | 100,000 | 4,193.27p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 27/08/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 27/08/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 28/08/2026 | 100,000 | 4,147.18p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 28/08/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 28/08/2026 | 0 | 0.00p | BATE |
Exhibit 2
British American Tobacco p.l.c. (the “Company”) – Voting Rights and Capital
In conformity with the Disclosure Guidance and Transparency Rules provision 5.6.1, we notify the market of the following:
That, as at 28 August 2026, being the last day of trading for that month, the Company’s issued share capital consisted of 2,159,984,896 ordinary shares of 25p each (“Shares”) with voting rights (the “Voting Rights Figure”).
As at 28 August 2026, the Company held 132,648,864 Shares in Treasury.
The Voting Rights Figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their voting rights interest, or a change to that interest, in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
Nancy Jiang
Senior Assistant Company Secretary
British American Tobacco p.l.c.
01 September 2026
Exhibit 3
British American Tobacco p.l.c. (“the Company”)
01 September 2026
Issue of Shares
In accordance with PRM 1.6.4R, the Company (LEI: 213800FKA5MF17RJKT63) confirms that between 1 August 2026 and 31 August 2026 it has issued and allotted 12,810 ordinary shares of 25 pence each (ISIN GB0002875804) “Shares” in connection with the British American Tobacco p.l.c. Sharesave Scheme.
The Shares were admitted to trading on the London Stock Exchange Main Market under the Company’s existing block admission of shares for this purpose dated 3 March 2025 (the “Block Admission”). 1,427,481 ordinary shares (not yet in issue) remain subject to the Block Admission.
The Shares rank equally and are fully fungible with the existing issued ordinary shares of the Company.
Following this issuance of Shares, the Company confirms that as at 31 August 2026, the Company’s issued share capital consisted of 2,159,984,896 Shares with voting rights and 132,648,864 Shares held in Treasury.
Nancy
Jiang
Senior Assistant Company Secretary
Enquiries:
Media Centre
press_office@bat.com | @BATplc
Investor Relations
Victoria Buxton | IR_team@bat.com
Exhibit 4
British American Tobacco p.l.c.
(“the Company”)
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Conditional Share Awards
On 1 September 2026, the Company granted six awards of British American Tobacco p.l.c. ordinary shares of 25p each (the “Shares”) to the following Executive Director (the “Awards”). The Awards are intended to replace long term incentives from the previous employer that were forfeited on joining the Company.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Dragos Constantinescu | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Financial Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Award of unrestricted shares, immediately available. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.29 | 12,254 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
12,254
£505,967.66 | |||
| e) | Date of the transaction | 2026-09-01 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Dragos Constantinescu | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Financial Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan which shall vest on 20 March 2027. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.29 | 14,091 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
14,091
£581,817.39 | |||
| e) | Date of the transaction | 2026-09-01 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Dragos Constantinescu | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Financial Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan which shall vest on 20 March 2028. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.29 | 23,266 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
23,266
£960,653.14 | |||
| e) | Date of the transaction | 2026-09-01 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Dragos Constantinescu | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Financial Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan which shall vest on 19 March 2029. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.29 | 8,304 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
8,304
£342,872.16 | |||
| e) | Date of the transaction | 2026-09-01 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Dragos Constantinescu | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Financial Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan which shall vest on 20 March 2030. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.29 | 3,320 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
3,320
£137,082.80 | |||
| e) | Date of the transaction | 2026-09-01 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Dragos Constantinescu | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Financial Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Award of shares under the Performance Share Plan which will vest to the extent that the performance conditions are satisfied at the end of the three-year performance period. The shares will be released following a holding period of two years on 1 September 2031. The volume below represents the maximum number of Shares that could vest assuming performance conditions are met in full. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £45.00 | 63,777 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
63,777
£2,869,965.00 | |||
| e) | Date of the transaction | 2026-09-01 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| Name of officer of issuer responsible for making notification: Nancy Jiang |
| Date of notification: 2 September 2026 |
Exhibit 5
British American Tobacco p.l.c.
(“the Company”)
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 1 September 2026, the Company granted an award of British American Tobacco p.l.c. ordinary shares of 25p each (the “Shares”) to the following person discharging managerial responsibilities under the British American Tobacco Restricted Share Plan at an award price of 4,173 pence per Share (the “Award”). The Award will vest after three years and no further performance conditions apply in that period.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Javed Iqbal | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Director, Digital and Information | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.73 | 11,981 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
11,981
£499,967.13 | |||
| e) | Date of the transaction | 2026-09-01 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| Name of officer of issuer responsible for making notification: Nancy Jiang |
| Date of notification: 2 September 2026 |
Exhibit 6
British American Tobacco p.l.c.
(“the Company”)
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The Company has been notified by the trustee of the British American Tobacco Share Incentive Plan that on 2 September 2026 the following Executive Director and other persons discharging managerial responsibilities purchased British American Tobacco p.l.c. ordinary shares of 25p each (the “Shares”) by way of the Partnership Share Scheme.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Tadeu Marroco | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Executive | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Purchase of Shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.29541 | 3 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
3
£123.89 | |||
| e) | Date of the transaction | 2026-09-02 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Luciano Comin | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Marketing Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Purchase of Shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.29541 | 4 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
4
£165.18 | |||
| e) | Date of the transaction | 2026-09-02 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | James Murphy | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Director, Research and Science | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Purchase of Shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.29541 | 3 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
3
£123.89 | |||
| e) | Date of the transaction | 2026-09-02 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | James Barrett | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Director, Business Development | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Purchase of Shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.29541 | 4 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
4
£165.18 | |||
| e) | Date of the transaction | 2026-09-02 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Paul McCrory | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Director, Legal and General Counsel | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Purchase of Shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.29541 | 4 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
4
£165.18 | |||
| e) | Date of the transaction | 2026-09-02 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Javed Iqbal | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Director, Digital and Information | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Purchase of Shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.29541 | 3 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
3
£123.89 | |||
| e) | Date of the transaction | 2026-09-02 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Johan Vandermeulen | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Operating Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Purchase of Shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £41.29541 | 3 | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
3
£123.89 | |||
| e) | Date of the transaction | 2026-09-02 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| Name of officer of issuer responsible for making notification: Nancy Jiang |
| Date of notification: 3 September 2026 |
Exhibit 7
British American Tobacco p.l.c.
07 September 2026
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the “Company”) announces that in accordance with the authority granted by shareholders at the Company’s Annual General Meeting on 15 April 2026 it purchased the following number of its ordinary shares of 25 pence each (“Shares”) from Goldman Sachs International during the period from 2 September 2026 to 4 September 2026 as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 2 September 2026 | 3 September 2026 | 4 September 2026 |
| Number of ordinary shares of 25 pence each purchased: | 100,000 | 100,000 | 102,000 |
| Highest price paid per share (pence): | 4172.00p | 4182.00p | 4123.00p |
| Lowest price paid per share (pence): | 4086.00p | 4053.00p | 4093.00p |
| Volume weighted average price paid per share (pence): | 4113.72p | 4135.42p | 4109.6p |
The Company intends to cancel the purchased Shares.
Following the purchase and cancellation of these Shares, the Company will have 2,159,483,907 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 132,648,864 ordinary shares in treasury. This information 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.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by Goldman Sachs International during the period set out above is detailed in the attached:
http://www.rns-pdf.londonstockexchange.com/rns/6878T_1-2026-9-7.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6878T_2-2026-9-7.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6878T_3-2026-9-7.pdf
Enquiries:
Investor Relations
Victoria Buxton | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) |
Daily weighted average price of shares acquired |
Platform |
| British American Tobacco p.l.c. | GB0002875804 | 02/09/2026 | 100,000 | 4113.72p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 02/09/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 02/09/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 03/09/2026 | 100,000 | 4135.42p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 03/09/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 03/09/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 04/09/2026 | 102,000 | 4109.6p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 04/09/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 04/09/2026 | 0 | 0.00p | BATE |
Exhibit 8
British American Tobacco p.l.c.
(“the Company”)
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Kingsley Wheaton | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Corporate Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Purchase of ordinary shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £40.76 | 57 | ||||
| d) |
Aggregated information
- Aggregated volume
- Price |
57
£2,323.32 | |||
| e) | Date of the transaction | 2026-09-08 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Yulia Wheaton | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Person Closely Associated with a person discharging managerial responsibilities; Kingsley Wheaton, Chief Corporate Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | British American Tobacco p.l.c. | |||
| b) | LEI | 213800FKA5MF17RJKT63 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 25p each
GB0002875804 | |||
| b) | Nature of the transaction | Purchase of ordinary shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £40.92 | 345 | ||||
| d) |
Aggregated information
- Aggregated volume
- Price |
345
£14,117.40 | |||
| e) | Date of the transaction | 2026-09-08 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
| Name of officer of issuer responsible for making notification: Christopher Worlock |
| Date of notification: 9 September 2026 |
Exhibit 9
British American Tobacco p.l.c.
14 September 2026
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the “Company”) announces that in accordance with the authority granted by shareholders at the Company’s Annual General Meeting on 15 April 2026 it purchased the following number of its ordinary shares of 25 pence each (“Shares”) from Goldman Sachs International during the period from 07 September 2026 to 11 September 2026 as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 07 September 2026 | 08 September 2026 | 09 September 2026 | 10 September 2026 | 11 September 2026 |
| Number of ordinary shares of 25 pence each purchased: | 102,000 | 100,000 | 102,000 | 102,000 | 100,000 |
| Highest price paid per share (pence): | 4,143.00p | 4,141.00p | 4,115.00p | 4,095.00p | 4,173.00p |
| Lowest price paid per share (pence): | 4,069.00p | 4,068.00p | 4,025.00p | 4,028.00p | 4,101.00p |
| Volume weighted average price paid per share (pence): | 4,102.84p | 4,104.01p | 4,054.53p | 4,068.99p | 4,140.56p |
The Company intends to cancel the purchased Shares.
Following the purchase and cancellation of these Shares, the Company will have 2,158,978,701 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 132,648,864 ordinary shares in treasury. This information 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.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by Goldman Sachs International during the period set out above is detailed in the attached:
http://www.rns-pdf.londonstockexchange.com/rns/6742U_1-2026-9-14.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6742U_2-2026-9-14.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6742U_3-2026-9-14.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6742U_4-2026-9-14.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6742U_5-2026-9-14.pdf
Enquiries:
Investor Relations
Victoria Buxton | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) |
Daily weighted average price of shares acquired |
Platform |
| British American Tobacco p.l.c. | GB0002875804 | 07/092026 | 102,000 | 4,102.84p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 07/092026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 07/092026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 08/09/2026 | 100,000 | 4,104.01p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 08/09/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 08/09/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 09/09/2026 | 102,000 | 4,054.53p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 09/09/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 09/09/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 10/09/2026 | 102,000 | 4,068.99p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 10/09/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 10/09/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 11/09/2026 | 100,000 | 4,140.56p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 11/09/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 11/09/2026 | 0 | 0.00p | BATE |
Exhibit 10
British American Tobacco p.l.c. (the “Company”)
Quarterly Dividends for the year ended 31 December 2025:
Payment No. 3 – November 2026 (the “November 2026 Dividend”)
South Africa Branch Register Finalisation Information
On 12 February 2026, the Company announced that the Board had declared an interim dividend of 245.04p per ordinary share of 25p, payable in four equal quarterly instalments of 61.26p per ordinary share in May 2026, August 2026, November 2026 and February 2027.
The November 2026 Dividend will be payable on 6 November 2026 to shareholders registered on either the UK main register or the South Africa branch register on 2 October 2026 (the record date).
In accordance with the JSE Limited (“JSE”) Listing Requirements, the finalisation information for the November 2026 Dividend relating to shareholders registered on the South Africa branch register is set out in the paragraphs below.
The salient dates and other dividend declaration information announced on 12 February 2026 remain unchanged for the November 2026 Dividend.
South Africa Branch Register: Dividend Rate
The British American Tobacco Group reports in sterling, therefore dividends are declared and payable in sterling except for shareholders on the branch register in South Africa whose dividends are payable in rand. A rate of exchange of £:R=21.7167 as at 17 September 2026 (the closing rate on that date as quoted by Bloomberg), results in an equivalent November 2026 Dividend of 1,330.36504 SA cents per ordinary share.
South Africa Branch Register: Dividends Tax Information
South Africa Dividends Tax (at a rate of 20%), equivalent to 266.07301 cents per ordinary share, will be withheld from the gross November 2026 Dividend paid to shareholders on the South Africa branch register, unless a shareholder qualifies for an exemption. After Dividends Tax has been withheld, the net dividend will be 1,064.29203 cents per ordinary share. The November 2026 Dividend is regarded as a ‘foreign dividend’ for the purposes of the South Africa Dividends Tax. For the purposes of South Africa Dividends Tax reporting, the source of income for the payment of the November 2026 Dividend is the United Kingdom.
At the close of business on 17 September 2026 (the latest practicable date prior to the date of the declaration of the South African rand equivalent of the November 2026 Dividend), the Company had a total of 2,158,780,081 ordinary shares in issue (excluding treasury shares). The Company held 132,648,864 ordinary shares in treasury giving a total issued share capital of 2,291,428,945 ordinary shares.
British American Tobacco p.l.c. is registered with the South African Revenue Service (SARS) with tax reference number 9378193172.
For the avoidance of doubt, Dividends Tax and the information provided above is of only direct application to shareholders on the South Africa branch register. Shareholders on the South Africa branch register should direct any questions regarding the application of Dividends Tax to Computershare Investor Services Proprietary Limited, contact details for which are given below:
Computershare Investor Services Proprietary Limited
Private Bag, X9000, Saxonwold, 2132
tel: 0861 100 634; +27 11 870 8216
email enquiries: web.queries@computershare.co.za
Name of duly authorised officer of issuer responsible for making notification:
Christopher Worlock
Assistant Secretary
British American Tobacco p.l.c.
21 September 2026
| Enquiries: |
Media Centre
press_office@bat.com │@BATplc
Investor Relations
Victoria Buxton | IR_team@bat.com
Exhibit 11
British American Tobacco p.l.c.
21 September 2026
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 15 April 2026 it purchased the following number of its ordinary shares of 25 pence each ("Shares") from Goldman Sachs International during the period from 14 September 2026 to 18 September 2026 as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 14 September 2026 | 15 September 2026 | 16 September 2026 | 17 September 2026 | 18 September 2026 |
| Number of ordinary shares of 25 pence each purchased: | 100,000 | 100,000 | 100,0000 | 100,000 | 100,000 |
| Highest price paid per share (pence): | 4,250.00p | 4,221.00p | 4,236.00p | 4,248.00p | 4,219.00p |
| Lowest price paid per share (pence): | 4,176.00p | 4,162.00p | 4,192.00p | 4,185.00p | 4,169.00p |
| Volume weighted average price paid per share (pence): | 4,231.93p | 4,195.63p | 4,211.82p | 4,207.59p | 4,197.76p |
The Company intends to cancel the purchased Shares.
Following the purchase and cancellation of these Shares, the Company will have 2,158,481,742 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 132,648,864 ordinary shares in treasury. This information 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.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by Goldman Sachs International during the period set out above is detailed in the attached:
http://www.rns-pdf.londonstockexchange.com/rns/6164V_1-2026-9-21.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6164V_2-2026-9-21.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6164V_3-2026-9-21.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6164V_4-2026-9-21.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6164V_5-2026-9-21.pdf
Enquiries:
Investor Relations
Victoria Buxton | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) |
Daily weighted average price of shares acquired |
Platform |
| British American Tobacco p.l.c. | GB0002875804 | 14/09/2026 | 100,000 | 4,231.93p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 14/09/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 14/09/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 15/09/2026 | 100,000 | 4,195.63p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 15/09/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 15/09/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 16/09/2026 | 100,000 | 4,211.82p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 16/09/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 16/09/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 17/09/2026 | 100,000 | 4,207.59p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 17/09/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 17/09/2026 | 0 | 0.00p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 18/09/2026 | 100,000 | 4,197.76p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 18/09/2026 | 0 | 0.00p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 18/09/2026 | 0 | 0.00p | BATE |
Exhibit 12
British American Tobacco p.l.c.
28 September 2026
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 15 April 2026 it purchased the following number of its ordinary shares of 25 pence each ("Shares") from Goldman Sachs International during the period from 21 September 2026 to 25 September 2026 as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 21 September 2026 | 22 September 2026 | 23 September 2026 | 24 September 2026 | 25 September 2026 |
| Number of ordinary shares of 25 pence each purchased: | 100,000 | 100,000 | 100,000 | 150,000 | 150,000 |
| Highest price paid per share (pence): | 4,220.00p | 4,227.00p | 4,219.00p | 4,297.00p | 4,217.00p |
| Lowest price paid per share (pence): | 4,166.00p | 4,186.00p | 4,156.00p | 4,235.00p | 4,158.00p |
| Volume weighted average price paid per share (pence): | 4,194.19p | 4,205.17p | 4,188.18p | 4,262.12p | 4,190.52p |
The Company intends to cancel the purchased Shares.
Following the purchase and cancellation of these Shares, the Company will have 2,157,884,349 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 132,648,864 ordinary shares in treasury. This information 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.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by Goldman Sachs International during the period set out above is detailed in the attached:
http://www.rns-pdf.londonstockexchange.com/rns/6145W_1-2026-9-28.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6145W_2-2026-9-28.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6145W_3-2026-9-28.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6145W_4-2026-9-28.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6145W_5-2026-9-28.pdf
Enquiries:
Investor Relations
Victoria Buxton | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) |
Daily weighted average price of shares acquired |
Platform |
| British American Tobacco p.l.c. | GB0002875804 | 21/09/2026 | 100,000 | 4,194.19p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 21/09/2026 | 0 | 0.0p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 21/09/2026 | 0 | 0.0p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 22/09/2026 | 100,000 | 4,205.17p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 22/09/2026 | 0 | 0.0p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 22/09/2026 | 0 | 0.0p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 23/09/2026 | 100,000 | 4,188.18p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 23/09/2026 | 0 | 0.0p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 23/09/2026 | 0 | 0.0p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 24/09/2026 | 150,000 | 4,262.12p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 24/09/2026 | 0 | 0.0p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 24/09/2026 | 0 | 0.0p | BATE |
| British American Tobacco p.l.c. | GB0002875804 | 25/09/2026 | 150,000 | 4,190.52p | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 25/09/2026 | 0 | 0.0p | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 25/09/2026 | 0 | 0.0p | BATE |
Exhibit 13
29 SEPTEMBER 2026
BAT 2026 CAPITAL MARKETS DAY
Today BAT will host a Capital Markets Day for institutional investors and analysts in Winston-Salem, North Carolina, home of the Reynolds American business for more than 150 years. Chief Executive Tadeu Marroco, alongside the Management team and some of our senior leaders, will outline BAT’s Horizon 2030 ambitions. Together they will demonstrate why we believe BAT is well positioned to deliver sustainable shareholder value in a growing global nicotine industry.
Horizon 2030: Winning through portfolio, capabilities and execution
As part of Horizon 2030, we expect to grow New Category revenue by mid-teens through to 2030. We also expect New Category contribution margin to reach at least 30% by 2030, reflecting our Quality Growth focus on premiumisation, improving mix, increasing scale, and more targeted resource allocation.
The Capital Markets Day will showcase how BAT’s global multi-category portfolio of leading brands and differentiated capabilities, including our consumer insights, science and innovation ecosystem, global distribution and retail reach, regulatory expertise and digital capabilities, are translating into increasing competitive advantage.
On track for full-year 2026 guidance
We remain on track to deliver towards the lower end of 3-5% revenue and 4-6% adjusted profit from operations growth* in FY26, with adjusted diluted EPS growth* towards the middle of our 5-8% range (all at constant rates).
We expect to be within our 2.0-2.5x target leverage range* by year-end, while continuing to reward shareholders through strong cash returns.
Extrapolating current spot rates**, we expect a translational FX headwind of c.2-2.5% on FY26 adjusted diluted EPS growth*. All other guidance is unchanged.
Event details
Presentations will start at 8:00am EST / 1:00pm BST on 29 September 2026. There will also be a live webcast on www.bat.com/ir for attendees who wish to join the event virtually. A copy of the presentations, together with a video playback of the webcast and transcript will be made available after the event via the same link, and on the BAT IR App.
ENDS
Enquiries
Media
Centre
press_office@bat.com | @BATplc
Investor
Relations
Victoria Buxton | ir_team@bat.com
Notes
* On an adjusted for Canada basis.
** Based on current exchange rates of USD/GBP 1.3245 as at close on 25 September 2026.
About BAT
BAT is a leading global consumer goods company committed to accelerating the transition to a Smokeless World and reshaping its portfolio for long term sustainability. Its portfolio spans cigarettes and a rapidly growing range of smokeless alternatives including Velo Modern Oral nicotine pouches, Vuse vapour and glo Heated Products. In 2025, BAT generated £25.6bn in revenue.
The company aims to reach 50 million adult consumers with its Smokeless Products by 2030 and for these products to deliver 50% of Group revenue by 2035. As of 30 June 2026, BAT’s Smokeless brands were used by 35.0 million adult consumers worldwide, many of whom have completely switched from – or have reduced their consumption of – cigarettes. Smokeless Products accounted for 19.8% of Group revenue.
Backed by Omni™, its evidence based manifesto for change, the company continues to strengthen its scientific capabilities across systems toxicology, clinical and behavioural research, and post market studies.
Alongside transforming its portfolio, BAT is advancing efforts to reduce its environmental footprint and support positive social impact across its value chain. In 2025, the company received a Triple A rating from CDP for its disclosures on Climate Change, Water Security and Forests.
References to “BAT”, “the company”, “Group”, “we”, “us” and “our” when denoting opinion refer to British American Tobacco p.l.c. and when denoting business activities refer to British American Tobacco p.l.c. and its subsidiaries, collectively or individually as the case may be. Collective expressions used in connection with business activities are used for convenience only and do not imply any other relationship between what are separate and distinct legal entities. For more information, please visit www.bat.com and www.asmokelessworld.com. This announcement does not constitute an invitation to underwrite, subscribe for, or otherwise acquire or dispose of any BAT shares or other securities.
Forward-looking statements
This announcement contains certain forward-looking statements, including “forward-looking” statements made within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are often, but not always, made through the use of words or phrases such as “believe,” “commit,” “expect,” and similar expressions. These include statements regarding our intentions, beliefs or current expectations concerning, amongst other things, our results of operations, financial condition, liquidity, prospects, growth, strategies and the economic and business circumstances occurring from time to time in the countries and markets in which the Group operates.
In particular, these forward-looking statements include statements regarding (i) our expectation to grow New Categories revenue by mid-teens through 2030, (ii) our expectation that New Categories contribution margin will reach at least 30% by 2030, (iii) statements under the heading “On track for full-year 2026 guidance”, (iv) our consumer target ambition by 2030, (v) our Smokeless Products revenue target by 2035, (vi) our continued commitment to Tobacco Harm Reduction and (vii) our sustainability targets.
All such forward-looking statements involve estimates and assumptions that are subject to risks, uncertainties and other factors. It is believed that the expectations reflected in this announcement are reasonable, but they may be affected by a wide range of variables that could cause actual results and performance to differ materially from those currently anticipated.
Among the key factors that could cause actual results to differ materially from those projected in the forward-looking statements are uncertainties related to the following: the impact of increased competition from illicit trade and illegal products; changes or differences in domestic or international economic or political conditions; the impact of adverse domestic or international legislation and regulation of tobacco, New Categories and other regulation; the impact of supply chain disruptions; adverse litigation and external investigations and dispute outcomes and the effect of such outcomes on the Group’s financial condition; the impact of significant increases or structural changes in tobacco, nicotine and New Categories related taxes; the inability to develop, commercialise and deliver the Group’s New Categories strategy; adverse decisions by domestic or international regulatory bodies, including disputed taxes, interest and penalties; the impact of serious injury, illness or death in the workplace and those who work with the business; the ability to maintain credit ratings and to fund the business under the current capital structure; translational and transactional foreign exchange rate exposure; direct and indirect adverse impacts associated with climate change (both physical and transition); the ability to deliver a viable circular business model in response to global demand, combined with increasing regulatory, stakeholder and consumer pressure; and the Group’s ability to defend against Cyber & Digital actions that result in loss of confidentiality, availability or integrity of systems and data.
Past performance is no guide to future performance and persons needing advice should consult an independent financial adviser. The forward-looking statements reflect knowledge and information available at the date of preparation of this announcement and BAT undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on such forward-looking statements.
No statement in this announcement is intended to be a profit forecast and no statement in this announcement should be interpreted to mean that earnings per share of BAT PLC for the current or future financial years would necessarily match or exceed the historical published earnings per share of BAT PLC.
The 2025 Annual Report on Form 20-F and current reports on Form 6-K, which may include other factors, are filed with the U.S. Securities and Exchange Commission (“SEC”). A review of the reasons why actual results and developments may differ materially from the expectations disclosed or implied within forward-looking statements can be found by referring to the information contained under the headings “Cautionary statement” and “Group Principal Risks” in the 2025 Annual Report and Accounts of BAT, and under the heading “Forward Looking Statements” and Item 3.D - Risk factors in the 2025 Annual Report on Form 20-F of BAT, which may be obtained free of charge at the SEC’s website, http://www.sec.gov and the British American Tobacco website, http://www.bat.com.
Note on Non-GAAP Measures
This announcement contains several forward-looking non-GAAP measures used by management to monitor the Group’s performance. For definitions and reconciliations of non-GAAP measures, please see the Non-GAAP measures sections under “Non-GAAP Measures” on pages 377 - 391 in the 2025 Annual Report and Accounts of BAT.
Filing Exhibits & Attachments
13 documentsPress Releases
- EX-99 PRESS RELEASE 32.1 KB
- EX-99 PRESS RELEASE 3.5 KB
- EX-99 PRESS RELEASE 5.5 KB
- EX-99 PRESS RELEASE 88.5 KB
- EX-99 PRESS RELEASE 16.6 KB
- EX-99 PRESS RELEASE 102.2 KB
- EX-99 PRESS RELEASE 23.2 KB
- EX-99 PRESS RELEASE 22.3 KB
- EX-99 PRESS RELEASE 34.0 KB
- EX-99 PRESS RELEASE 8.4 KB
- EX-99 PRESS RELEASE 31.1 KB
- EX-99 PRESS RELEASE 28.9 KB
- EX-99 PRESS RELEASE 24.6 KB