SCHEDULE 13G/A: BlackRock Discloses 5.5% Stake in British American Tobacco PLC

BlackRock, Inc. has filed an amended Schedule 13G, disclosing a beneficial ownership of 5.5% of British American Tobacco PLC's common stock as of March 31, 2025.

Summary

• BlackRock, Inc. reported beneficial ownership of 120,528,637 shares of British American Tobacco PLC common stock.
• This ownership represents 5.5% of the total outstanding common stock of British American Tobacco PLC.
• The filing is an Amendment No. 6 to a Schedule 13G, indicating an update to a previously reported stake.
• BlackRock holds sole voting power over 115,806,681 shares and sole dispositive power over 120,528,637 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
• The beneficial ownership is aggregated across various BlackRock business units, subsidiaries, and affiliates.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

N/A. This filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's operations or financial performance.

Industry Context

N/A. This Schedule 13G filing primarily concerns BlackRock's beneficial ownership stake in British American Tobacco PLC and does not provide broader industry analysis or context.

Stakeholder Impact

• This disclosure informs shareholders and the market about a significant institutional ownership stake in British American Tobacco PLC by BlackRock, Inc., a major global asset manager.

Key Dates

Keywords

BlackRock, British American Tobacco PLC, BAT, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Equity Stake