ilmscore | Prediction Details
"BAT plans to use the proceeds from ITC stake sale to buy back its own shares worth GBP 1.6 billion. 1.6 billion rupees 1.6 billion GBP over a period ending December 2025 starting with GBP 700 million in 2024"
By CA Rachana Phadke Ranade | March 22, 2024 | Incorrect
From video
ITC | Fundamentally weak or strong? | News Impact | 2024 | CA Rachana Ranade 00:06:44 - 00:07:01
Interpreted Prediction
British American Tobacco (BAT) intends to buy back GBP 1.6 billion worth of its own shares by the end of December 2025, with GBP 700 million allocated for 2024.
AI Evaluation Notes
The prediction stated that British American Tobacco (BAT) intended to buy back GBP 1.6 billion worth of its own shares by the end of December 2025, with GBP 700 million allocated for 2024. Available information indicates that BAT launched a share buyback program of up to £1.6 billion in 2024, funded by proceeds from the ITC stake sale. However, reports indicate that the buyback was completed in December 2024, earlier than the initially predicted end date of December 2025.

Prediction Details

Ticker
BAT

Comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.