British American Tobacco Stock (BATS.L, BTI): £1.3bn Buyback, 2026 Outlook, and What Analysts Forecast as of Dec. 21, 2025
Dec. 21, 2025 — British American Tobacco p.l.c. (BAT) heads into year-end with a familiar investor tug-of-war: the market loves the company’s cash returns (dividends + buybacks), but keeps side-eyeing the regulatory and competitive turbulence in “smokeless” products—especially in the