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

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 ...

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

The Rothmans and Lucky Strike manufacturer revealed its US combustibles sales had rebounded, with its volume and value share ...

Pall Mall and Lucky Strike ownerBritish American Tobacco (BAT) has said its American business has returned to growth, driven ...

In a trading update, the company said its combustible products - cigarettes and cigars - are expected to return to growth in ...

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

Stocks including Prostarm Info, Zinka Logistics, Aptus Value, YES Bank, HCL Technologies, ITC, Grasim, Biocon, Vodafone Idea ...

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

US-based investment firm GQG Partners has picked up an additional 0.51 per cent stake in diversified conglomerate ITC Ltd ...

The block trades were well bought by overseas investors, according to bankers. They marked the highest monthly total in almost a year and a huge jump from only $220mln in April ...

The announcement came in tandem with Tobacco Manufacturer India Ltd, a subsidiary of British American Tobacco Plc, shedding 2 ...