British American Tobacco Stock (BATS.L, BTI): £1.3bn Buyback, 2026 Outlook, and What Analysts Forecast as of Dec. 21, 2025
British American Tobacco shares closed at £42.36 in London on Dec. 19, down 1.14%, and $56.45 in New York, near the top of their 52-week range. The company reaffirmed 2025 guidance but warned 2026 growth will likely hit the low end of targets, citing U.S. vape market pressures. Trading volume spiked as investors reacted to a larger buyback and regulatory uncertainty.