British American Tobacco stock decline

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Source: Dukascopy Bank SA


The tobacco company's stock price declined by as much as 6.45% on during today's early trading due to a company announcement.

British American Tobacco has revealed that it expects a smaller increase in earnings in 2023 than previously expected. No share buybacks are planned, despite recent rumours of an upcoming buyback.

In addition, the company pledged to sell off its business in Belarus and Russia by the end of this year.
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