Why does BTI stock keep going up?

The stock price of BTI has experienced an increase from May 30 to June 5. The reasons for the increase in stock price can be analyzed from the following aspects: 1. **Strategic Dividend**: BTI announced the sale of its stake in ITC, which is a strategic move to enhance financial flexibility. The proceeds from this transaction will be used to boost BTI's share buyback program, increasing it by £200 million to a total of £1.1 billion by 2025. This move aligns with BAT's broader strategy to enhance shareholder returns while managing its capital structure effectively. 2. **Japan Market Entry**: BTI has announced the launch of its latest heated tobacco device, glo Hilo, in Japan, which could be a significant growth opportunity for the company. In conclusion, the increase in stock price can be attributed to a combination of strategic dividend and Japan Market Entry that enhance the company's financial flexibility and growth potential.