British American Tobacco Surges to 187th in Trading Rankings with $523 Million Turnover

On June 11, 2025, British American Tobacco (BTI) saw a significant increase in trading volume, with a turnover of $523 million, marking a 59.86% rise from the previous day. This surge placed BTI at the 187th position in the day's trading rankings, reflecting heightened investor interest in the company's stock.

British American Tobacco recently completed a transaction involving the purchase and cancellation of its own shares. Following this action, the company will have 2,196,805,143 ordinary shares outstanding, excluding treasury shares. This move is part of the company's ongoing efforts to manage its share capital and potentially enhance shareholder value.

OLD National Bancorp IN reduced its holdings in British American Tobacco by 30.4% during the first quarter. This adjustment in investment strategy may reflect the institution's reassessment of the company's prospects or a shift in its portfolio allocation.

Capital International Investors, on the other hand, increased its stake in British American Tobacco by 17.1% during the fourth quarter. This significant investment indicates a bullish outlook on the company's future performance and potential for growth.

British American Tobacco recently divested a 2.5% stake in ITC Ltd for Rs 12,941 crore, reducing its shareholding to 22.94%. The sale, conducted through open market transactions, is part of the company's strategic portfolio management to optimize its investments and focus on core business areas.