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SEC filingBritish American Tobacco filed a Form 6-K disclosing share buyback transactions, PDMR dealings, AGM results, and the appointment of a new CFO.
This Form 6-K filing by British American Tobacco p.l.c. covers a range of significant corporate events during April 2026. The company continued its share buyback programme, purchasing shares on multiple dates and cancelling them, which reduces the share count and supports shareholder value. Notably, the company announced the appointment of Dragos Constantinescu as Chief Financial Officer and Executive Director, effective 1 September 2026. Constantinescu previously served as CEO of Asahi Europe & International and spent 16 years at BAT, bringing strong financial and international experience. The 2026 Annual General Meeting saw all 19 resolutions passed with strong shareholder support, including the re-election of directors and authority for share buybacks. Additionally, FMR LLC crossed the 5% voting rights threshold, now holding 5.0338% of shares, which is a notable change in major holdings. The filing also includes numerous PDMR transactions, including share awards, transfers, and sales under incentive plans. The company also entered a new buyback agreement with Merrill Lynch for the period 23 April to 29 June 2026, with a move to weekly consolidated announcements. Overall, the filing reflects ongoing capital return activities, leadership stability, and shareholder engagement.