British American Tobacco PLC reports institutional ownership disclosure by FMR LLC. FMR LLC beneficially owns 123,159,168.99 shares of Common Stock, representing 5.7% of the class as of 03/31/2026. The filing shows sole voting power of 109,894,891.63 and sole dispositive power of 123,159,168.99 attributed to FMR LLC and related reporting persons.
Positive
None.
Negative
None.
Insights
FMR LLC holds a 5.7% stake in British American Tobacco PLC, disclosed via Schedule 13G.
Schedule 13G indicates passive institutional ownership at the 5.7% threshold, with dispositive authority of 123,159,168.99 shares as of 03/31/2026. The filing lists sole voting power of 109,894,891.63, suggesting substantial control over voting in addition to disposition rights.
Ownership is reported on behalf of multiple entities under FMR's structure; Exhibit references note subsidiary classification and a 13d-1(k) agreement. Subsequent filings may clarify any changes in voting arrangements or shifts above reporting thresholds.
Key Figures
Beneficial ownership:123,159,168.99 sharesPercent of class:5.7%Sole voting power:109,894,891.63 shares+2 more
5 metrics
Beneficial ownership123,159,168.99 sharesAmount beneficially owned as of 03/31/2026
Percent of class5.7%Percent of common stock reported
Sole voting power109,894,891.63 sharesSole power to vote reported on cover page
Sole dispositive power123,159,168.99 sharesSole power to dispose reported on cover page
Filing date reference03/31/2026Date tied to ownership figures
"Item 1. | (a) | Name of issuer: BRITISH AMERICAN TOBACCO PLC"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Dispositive powerfinancial
"Item 4. | (iii) Sole power to dispose or to direct the disposition of: 123159168.99"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
13d-1(k) agreementregulatory
"Exhibit Information Please see Exhibit 99 for 13d-1(k) (1) agreement."
What stake does FMR LLC report in British American Tobacco (BTI)?
FMR LLC reports beneficial ownership of 123,159,168.99 shares, equal to 5.7% of the common stock as of 03/31/2026. The filing lists sole voting power of 109,894,891.63 and sole dispositive power of 123,159,168.99.
Does the Schedule 13G indicate FMR LLC is an active or passive holder?
The filing is a Schedule 13G, which typically indicates passive institutional ownership rather than an activist stake. The document does not state any intent to influence management or seek control actions.
Are any other persons shown as holding more than 5% of BTI in this filing?
The filing states that one or more other persons may have rights to dividends or sale proceeds, but it also discloses that no other person's interest exceeds 5% of the outstanding common stock.
Who signed the filing on behalf of FMR LLC and Abigail P. Johnson?
The filing is signed by Richard Bourgelas as duly authorized under a Power of Attorney effective April 13, 2026, on behalf of FMR LLC and on behalf of Abigail P. Johnson, with signature dates of 05/05/2026.
Is there any subsidiary or agreement referenced in the filing?
Yes, the filing references an attached Exhibit 99 for a 13d-1(k) agreement and notes an exhibit addressing the identification and classification of relevant subsidiaries that acquired the reported securities.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
BRITISH AMERICAN TOBACCO PLC
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
G1510J102
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G1510J102
1
Names of Reporting Persons
FMR LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
109,894,891.63
6
Shared Voting Power
0.00
7
Sole Dispositive Power
123,159,168.99
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
123,159,168.99
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.7 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
G1510J102
1
Names of Reporting Persons
Abigail P. Johnson
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
123,159,168.99
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
123,159,168.99
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.7 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
BRITISH AMERICAN TOBACCO PLC
(b)
Address of issuer's principal executive offices:
GLOBE HOUSE,4 TEMPLE PLACE,London,X0,WC2R 2PG
Item 2.
(a)
Name of person filing:
FMR LLC
(b)
Address or principal business office or, if none, residence:
245 Summer Street, Boston, Massachusetts 02210
(c)
Citizenship:
Not applicable
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP Number(s):
G1510J102
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
123159168.99
(b)
Percent of class:
5.7 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Please see the responses to Items 5 and 6 on the cover page.
(ii) Shared power to vote or to direct the vote:
0.00
(iii) Sole power to dispose or to direct the disposition of:
123159168.99
(iv) Shared power to dispose or to direct the disposition of:
0.00
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of BRITISH AMERICAN TOBACCO PLC. No one other person's interest in the COMMON STOCK of BRITISH AMERICAN TOBACCO PLC is more than five percent of the total outstanding COMMON STOCK.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See attached Exhibit 99.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
FMR LLC
Signature:
Richard Bourgelas
Name/Title:
Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:
05/05/2026
Abigail P. Johnson
Signature:
Richard Bourgelas
Name/Title:
Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of Abigail P. Johnson*
Date:
05/05/2026
Comments accompanying signature: *This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on April 29,2026, accession number: 0000315066-26-000738.
