British American Tobacco plc

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  • 4,741.00p
  • -13.00p (-0.27%)

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About British American Tobacco plc

British American Tobacco Plc (LON:BATS) is a multinational tobacco company whose products include cigarettes, smokeless snus and cigars.
British American Tobacco Plc is a holding company, whose main brands are Dunhill, Kent, Lucky Strike and Pall Mall. In addition, the company has other well-known international and local brands, such as Rothmans, Viceroy, and Benson & Hedges. British American Tobacco's brands are sold in around 180 markets.
The company has over 44 cigarette factories in 39 countries and employs more than 55,000 people worldwide. British American Tobacco also makes cigarillos, roll your own and pipe tobacco.
The company is headquartered in London and is listed on the London Stock Exchange. It is a constituent of the FTSE 100 index.
British American Tobacco was formed in 1902 as a joint venture between the UK's Imperial Tobacco Company and the American Tobacco Company founded by James Buck Duke. By 1911, the American Tobacco Company had divested its shares in the joint venture and British American Tobacco was listed on the LSE.
In 1972, with the revocation of the agreement with Imperial, British American Tobacco gained exclusive ownership of its original brands. In 1998, British American Tobacco Plc became a separately quoted company on the LSE and in 1999, the company merged with Rothmans International.

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