british american tobacco itc is ITC's largest shareholder with a 22.9% stake, followed by LIC at 15.9%, while the Government of India holds 7.8% via SUUTI BAT Starts $2 Billion Buyback
BAT Starts $2 Billion Buyback Following Its ITC Stake Sale Bloomberg ITC ESOPs Put Largest Shareholder British American Tobacco On The Backfoot CNBC TV18 BAT to Sell as Much as $2.1 Billion of ITC Stock in Block Trade Bloomberg British American Tobacco (BAT) announced on Tuesday its intention to sell approximately 2.3% of its stake in Indian consumer goods giant ITC through a block trade. Despite the planned sale, #BAT will British American Tobacco (BAT) Sells 2.5% Stake in ITC The stake sale by BAT's India arm, Tobacco Manufacturers (India), aims to boost financial flexibility for BAT, continuing its investment in transformation and maintaining ITC as a key partner. Read more: Link
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