Instrument Summary
British American Tobacco is a large, London-based manufacturer of cigarettes, tobacco products and what the company calls "reduced risk" smoking products, such as vapour, tobacco-heating products, oral products and other nicotine products. BAT was founded in 1902, a joint venture between the U.K.'s Imperial Tobacco Company and the American Tobacco Company.
The company's five main global cigarette brands consist of Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans. In 2017, BAT acquired Reynolds American Inc., which added Newport, Camel and Natural American Spirit to its portfolio. It also makes and sells Vogue, Viceroy, Kool and other brands. It manufactures "roll-your-own" tobacco, snuff and chewing tobacco, too.
BAT reported profit of £10 billion on revenue of £25.8 billion in 2020.
The company's ticker symbol is BATS.
Shares
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