BAT said today it would spend £2 billion buying up its own shares. The buyback will start on Monday and run until the end of the year.
The company follows BP, Shell and Unilever in announcing multi-billion pound buybacks in recent weeks. London-listed companies have now announced buybacks totalling more than £15 billion so far in 2022, according to stockbroker AJ Bell. That puts the market on track to eclipse last year's total of £23.2 billion.
Buybacks put money in the pockets of selling shareholders and push up the value of stock still in the market by restricting supply.
هذه القصة مأخوذة من طبعة February 11, 2022 من Evening Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة February 11, 2022 من Evening Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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