Edition:
United Kingdom

British American Tobacco PLC (BATS.L)

BATS.L on London Stock Exchange

4,950.00GBp
18 Jan 2018
Change (% chg)

-53.00 (-1.06%)
Prev Close
5,003.00
Open
5,029.00
Day's High
5,044.00
Day's Low
4,932.00
Volume
3,984,067
Avg. Vol
3,690,472
52-wk High
5,643.60
52-wk Low
4,508.50

Latest Key Developments (Source: Significant Developments)

BAT Says U.S. Tax Reform To Result In Non-Cash Exceptional Tax Credit
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - British American Tobacco Plc ::IMPACT ON BAT OF NEW US TAX LEGISLATION.‍FOR YEAR TO 31 DECEMBER 2017 ANNOUNCED CHANGES WILL HAVE NO IMPACT ON GROUP'S UNDERLYING EFFECTIVE TAX RATE​.‍FOR YEAR TO 31 DEC, CURRENTLY ANTICIPATE THAT CHANGES WILL REDUCE GROUP'S EFFECTIVE TAX RATE PERCENTAGE TO HIGH-TWENTIES​.‍ANTICIPATE THAT CHANGES WILL RESULT IN A NON-CASH EXCEPTIONAL TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES ​.‍ALL OTHER THINGS BEING EQUAL, CHANGES WOULD RESULT IN A BENEFIT OF 6% TO FULL YEAR 2018 EARNINGS PER SHARE​.‍NON-CASH EXCEPTIONAL TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES ARISING FROM ACQUISITION OF REYNOLDS AMERICAN INC​.  Full Article

U.S. FDA Accepts And Files Modified Risk Tobacco Product Applications For Camel Snus
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Reynolds American::U.S. FDA ACCEPTS AND FILES MODIFIED RISK TOBACCO PRODUCT APPLICATIONS FOR CAMEL SNUS.REYNOLDS AMERICAN SAYS FDA ACCEPTED, FILED FOR SUBSTANTIVE REVIEW, 18 MRTP APPLICATIONS COVERING 6 STYLES OF CAMEL SNUS.REYNOLDS AMERICAN SAYS MRTP APPLICATION(S) WILL NOW UNDERGO A SUBSTANTIVE REVIEW PROCESS BY FDA THAT IS EXPECTED TO BE COMPLETED WITHIN A YEAR‍​.  Full Article

British American Tobacco Says ‍Trading Is In Line With Expectations​
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - British American Tobacco Plc ::‍TRADING IS IN LINE WITH OUR EXPECTATIONS​.‍FULL YEAR EPS TO BENEFIT FROM A REDUCED CURRENCY TRANSLATION TAILWIND OF 5%​.‍ANTICIPATE FULL YEAR INDUSTRY VOLUME TO BE DOWN AROUND 4%​.‍ORGANIC PRICE MIX IS EXPECTED TO MODERATE IN H2​.‍FULL YEAR ORGANIC PRICE MIX IS EXPECTED TO REMAIN WITHIN HISTORIC RANGES​.‍REYNOLDS AMERICAN INC. (RAI) INTEGRATION ON TRACK, WITH BUSINESSES PERFORMING STRONGLY, DRIVEN BY GOOD SHARE GROWTH AND PRICING​.  Full Article

British American Tobacco ‍Declares Second Interim Dividend
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - British American Tobacco Plc ::‍DECLARED A SECOND INTERIM DIVIDEND OF 43.6 PENCE PER ORDINARY SHARE OF 25P FOR YEAR ENDING 31 DECEMBER 2017​.SECOND INTERIM DIVIDEND WILL BE PAYABLE ON 8 FEB 2018.  Full Article

British American Tobacco PLC - Members of US Congress call for investigation into tobacco giant - Independent
Sunday, 7 Feb 2016 

British American Tobacco PLC:Members of the US Congress have called for a Department of Justice investigation into tobacco giant British American Tobacco following allegations the company bribed officials and politicians in Africa to undermine UN health campaigns and put rival cigarette-makers out of business - Independent.How 'The IoS' broke the story about the bribery allegations in December.Eight congressmen – from both the Senate and the House of Representatives – have made a complaint about BAT, Britain's fifth biggest company, calling for an investigation into whether it has violated the US Foreign Corrupt Practices Act.The bribery allegations, first revealed by The Independent on Sunday and the BBC, are in a dossier of claims passed to the UK's Serious Fraud Office by Paul Hopkins, a BAT whistleblower who worked in Africa for BAT for 13 years.Experts described Mr Hopkins as the most significant whistleblower from the industry since Jeffrey Wigand, subject of the Oscar-nominated film The Insider, starring Russell Crowe.  Full Article

LIVE MARKETS-Closing snapshot: European shares end session with modest rise

* European shares end slightly higher * Tech leads gains * Utilities among biggest fallers Jan 18 Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: julien.ponthus.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: EUROPEAN SHARES END SESSION WITH MODEST RISE (1724 GMT) As cyclical stocks make a