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Former top-10 shareholder in tobacco company who pushed for the change has exited his position
The new levy and rises on tobacco products contrast with a postponement of duty rises on alcohol
Tadeu Marroco says cigarette maker has learned to ‘love regulation’ ahead of Budget announcement on fresh duty
Tobacco group continues to suffer from decline in smoking
Move to divest some of cigarette maker’s stake in Indian conglomerate lays ground to resume share buybacks
Declining use of tobacco could cause burn out
Company’s trading update on Wednesday cast its traditional business in poor light
Company is worst performer on FTSE 100 as economy and quitting smokers deal blow to balance sheet
BAT subsidiary to challenge regulator’s move against products popular with underage vapers
Group becomes latest company to part ways with country following its invasion of Ukraine
Tadeu Marroco admits there are issues such as underage use as many countries adopt tougher stance on e-cigarettes
Group aims to speed transition to products such as vapes and spur US growth
Cigarette maker launched £2bn stock repurchase programme in 2022 but opted not to renew it this year
Surprise reshuffle comes after the group paid a penalty to US authorities over North Korean sanctions violations
Change comes after tobacco group was fined $635mn last month over North Korean sanctions violations
The UK company paid the US justice department’s biggest penalty for violating sanctions on Pyongyang
Subsidiary of world’s second-biggest tobacco group enters guilty plea in US
Upping sticks is not, in itself, a fail-safe way to light up a stock
Top-five shareholder GQG says it ‘makes no sense’ for cigarette group to be listed in UK
Company in ‘advanced discussions’ to complete sale, almost a year after it promised to leave the country
Appointment of a director of ‘combustibles’ could pave way to jettisoning the cash-rich business
Shares will continue to benefit from the rotation from high growth to value stocks
Companies turn to share buybacks as investors ditch stocks over ESG concerns
The maker of Lucky Strike cigarettes announces its first share buyback programme since 2014
Vaping and e-cigarette products account for more than a tenth of sales, Dunhill maker says
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