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British American Tobacco PLC (BMT.SG)
| Previous close | 28.10 |
| Open | 28.11 |
| Bid | 28.11 x N/A |
| Ask | 28.24 x N/A |
| Day's range | 28.06 - 28.21 |
| 52-week range | 26.37 - 32.00 |
| Volume | |
| Avg. volume | 4,080 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 24 Jul 2024 - 29 Jul 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
ReutersBAT mulls sale of 'small part' of stake in India's ITC
BAT had announced in February that it was "actively working" to reduce its roughly 29% stake in the Kolkata, India-headquartered company which has interests in segments ranging from hotels to consumer packaged goods. The stake sale would allow the maker of Dunhill and Lucky Strike cigarettes to pay down its debt and move faster towards the leverage range at which it could resume share buybacks. Bloomberg News, which first reported the news earlier on Monday, said BAT has been speaking with Bank of America and Citigroup about a potential divestment of around $2 billion to $3 billion in ITC stock through block trades.
- Yahoo Finance Video
Harley-Davidson, Philip Morris, Kenvue: Trending tickers
Harley-Davidson (HOG) shares are popping on optimism over its outlook for electric vehicles sales, though 2024 motorcycle sales guidance fell shy of estimates. Shares of Philip Morris (PM) drifted lower in early trading after its fourth-quarter earnings and full-year guidance disappointed investors. However, shares of rival British American Tobacco (BTI) traded higher despite taking a larger-than-expected write-down on its US brands. Johnson & Johnson (JNJ) spinoff Kenvue (KVUE) issued full-year guidance that was softer than the Street was expecting. Yahoo Finance's Brad Smith and Seana Smith break down some of Thursday morning's trending tickers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich
Yahoo Finance UKTrending tickers: Arm, Unilever, British American Tobacco, Maersk
The latest investor updates on stocks that are trending on Thursday.
