British American Tobacco (BTI) Stock: 2025 Outlook After £1.3bn Buyback, ITC Hotels Stake Sale and Dividend Update
British American Tobacco shares closed at 4,399p in London on December 10, near a 52-week high, after gaining 48% over the past year. Management extended its share buyback to £1.3 billion for 2026 and reaffirmed guidance for around 2% revenue and profit growth in 2025. Dividend yield stands near 5.4%. Regulatory, ESG, and litigation risks remain.