British American Tobacco goes smokeless – can it survive?
Shares in British American Tobacco (LSE: BATS) are trading on seven times next year’s forecast earnings and offer a dividend yield of just over 9%; the company aims to buy back £700 million of shares in 2024, rising to £900 million in 2025. These numbers suggest that BATS has all the features of a traditional “value stock”.
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A subsidiary of London-listed British American Tobacco (BAT) revealed that it's nearing a "potential" settlement in a ...
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