In the post results conference call with financial analysts, BAT chief executive Tadeu Marroco said that the London-based ...

British American Tobacco strategically reduces stake in ITC Ltd to increase financial flexibility and share buyback program.

British American Tobacco plc (BAT) still considers its holding in ITC a “strategic investment,” chief executive Tadeu Marroco ...

ITC shares will be in focus after GQG Partners raised its stake to 5.47% via a bulk deal on May 28, following British ...

BAT's latest stake sale trims its ITC holding below 25 per cent, ending veto rights just a year after it cited the importance ...

ITC shares fell nearly 5% in intraday trade on May 28 after British American Tobacco offloaded 2.5% of its stake. Analysts ...

British American Tobacco has sold a $1.5 billion stake in Indian consumer goods company ITC at 413 Indian rupees per share, ...

In its 2024 annual report, BAT said it is important for the company to retain at least 25% stake in ITC. Currently, BAT holds ...

The sale, arranged by Goldman Sachs and Citigroup, was larger than initially expected. BAT says it will use the proceeds to ...

BAT has stated that any potential disposal would be carried out through an on-market trade. However, BAT has advised that a ...

BAT trims ITC stake to 22.9%, raising Rs 12,927 crore but calls it a strategic, not financial, investment. BAT to retain board influence with two directors. Proceeds to support share buyback. ITC ...

GQG Partners raised its stake in ITC to 5.47% via a bulk deal following BAT’s 2.5% stake sale. The move reflects rising ...