Key facts: British American Tobacco buys back shares; to close Heidelberg factory
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On January 15, 2026, British American Tobacco bought back shares from UBS AG, reducing its total shares to 2,178,299,552 as part of its ongoing buyback program.1British American Tobacco will close its Heidelberg factory by 2026, affecting 230 jobs, as it operates at just 35% capacity due to a rising illicit cigarette market.23
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