BAT urged to list in New York

Mar.17.2023

Investor GQG presses BAT to move main listing to NY, citing London market as "meaningless.

According to reports, investor GQG is putting pressure on BAT to relocate its primary listing to New York. The shareholder believes that it is "meaningless" for this tobacco manufacturer to continue staying on the London Stock Exchange.

A spokesperson for BAT stated that the company would not comment on its partnership with shareholders, while GQG did not respond to requests for comments on the report.

References:

【1】BAT is being encouraged to go public on the New York Stock Exchange

#British American Tobacco (BAT)

This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Shenzhen Tobacco Authority Completes Successful Quality Inspection of E-cigarette Products, All Safety Criteria Met

Shenzhen Tobacco Bureau announces successful quality inspection of e-cigarette products, meeting national standards.

Dec.08 by 2FIRSTS.ai

EU to consider Denmark's proposal for stricter tobacco tax reforms. Heating tobacco tax could increase by 132%, nicotine pouch tax by up to 1000%. 92% opposed to overall tax hike in public consultation. Concerns raised over taxing innovative smoke-free pr

EU to debate Denmark's proposal to increase tobacco taxes, including a 132% hike for heated tobacco and 1000% for nicotine pouches.

Dec.04 by 2FIRSTS.ai

Breaking News | China’s Premier Li Qiang Issues Rare Directive to Crack Down on Illicit Tobacco Activities

Based on combined reporting from Xinhua and Xinwen Lianbo, 2Firsts reports that Chinese Premier Li Qiang has issued a rare directive at a State Council executive meeting to launch comprehensive, full-chain enforcement against illicit tobacco activities.

News

Dec.05

PMI Q3 2025 Earnings: Net Revenues Reach $10.85 Billion, Smoke-Free Products Account for 41% of Sales

PMI reported strong third-quarter 2025 results, underscoring the continued success of its smoke-free transformation. Net revenues rose 9.4% year-over-year to $10.85 billion, driven by robust growth in the smoke-free segment, which now accounts for 41% of total net revenues and over 42% of gross profit.Despite a 3.2% decline in cigarette shipments, combustible revenues climbed 4.3% thanks to strong pricing.