FTSE 100 news / Companies and sectors / British American Tobacco / 9 October 2026
British American Tobacco (BATS): news on Friday 9 October 2026
+5.0 positive
Coverage was mostly positive, centred on the extended share buyback, a rising share price and Deutsche Bank reaffirming its Buy rating. A report of 5,500 job cuts in an AI drive was a modest offsetting note.
What drove it
- share buyback extension
- Deutsche Bank Buy rating
- 5,500 job cuts
The 8 stories
- +9.2 Deutsche Bank reaffirms Buy for BAT stock at GBp 5,100
Deutsche Bank reaffirms Buy with high target - +7.5 British American Tobacco stock rally gains traction after share buyback extension announcement
Share rally after buyback extension - +7.0 British American Tobacco stock rises around 1.5% as share buyback programme is extended
Shares rise as buyback programme extended - −3.3 British American Tobacco to cut 5,500 jobs in AI drive
Large job cuts, though framed as efficiency drive - +3.3 BAT stock after-hours: EUR 49.04, prior close EUR 48.16
Share price edged above prior close - +2.0 British American Tobacco stock trades flat as share buyback agreement with Merrill Lynch International unfolds
Flat shares as buyback arrangement proceeds - +1.7 BAT stock trades at EUR 48.93 with USD 118.6 billion market value
Routine share price and market value note - +0.5 Has British American Tobacco (LSE:BATS) Gone Ex-Dividend This October?
Ex-dividend explainer, purely factual
British American Tobacco: every day · Consumer staples on 9 October 2026 · FTSE 100 overview for the day