LONDON--British American Tobacco PLC (BATS.LN) said Monday it bought 120,000 of its ordinary shares at an average price of 3,171.4605 pence per share to hold in treasury.

MAIN FACTS:

-Shares closed Monday at 3,216 pence valuing the company at GBP62.2 billion.

-Write to Ed Ballard at ed.ballard@dowjones.com

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