British American Tobacco share price rises early as BAT reiterates 2026 outlook and keeps buyback running
British American Tobacco shares rose 1% to 4,389 pence in early London trading after the company reiterated it expects 2026 results at the lower end of guidance. BAT bought and plans to cancel nearly 99,000 shares as part of its ongoing buyback. The company highlighted growth in nicotine pouches and reaffirmed its push toward smokeless products. The FTSE 100 index was down 0.4% at the time.