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British American Tobacco Buys 50,000 Own Shares To Hold In Treasury

LONDON -(Dow Jones)- British American Tobacco PLC (BATS.LN), an international tobacco group, said Thursday that on May 2, it purchased 50,000 of its ordinary shares of 25 pence each, adding that it intends to hold these shares in treasury. MAIN FACTS: -The average price was 3,192.8306 pence per share. -The highest price paid was 3,209 pence per share and the lowest price paid was 3,179.5 pence per share. -Following the purchase of these shares, the company holds 65,658,062 of its shares in treasury. -British American Tobacco shares at 0740 GMT up 36 pence, or 1.1%, at GBP32.25, valuing the company at GBP62.50 billion. -By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275;

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