- BATS reported H1 adjusted EPS 164p (+7.9% YoY). U.S. strength and higher Velo/Vuse sales offset lower cigarette volumes and weak Asia. Company raised full-year EPS guidance to mid 5–8% range.
- British American Tobacco (BATS) launched a share buyback via Goldman Sachs from July 30 to Oct 12, 2026. Repurchased ordinary shares will be cancelled under the AGM-approved authority.
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Key facts: BATS H1 EPS 164p, raises FY guidance; buyback launched
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BATS reported H1 adjusted EPS 164p (+7.9% YoY). U.S. strength and higher Velo/Vuse sales offset lower cigarette volumes and weak Asia. Company raised full-year EPS guidance to mid