BlackRock, Inc. Increases Stake in British American Tobacco p.l.c.

BlackRock, Inc. has filed an amendment to its Schedule 13G, disclosing an increased ownership in British American Tobacco p.l.c. (BTI). As of September 30, 2025, BlackRock beneficially owns 143,266,873 shares, representing 6.5% of the outstanding common stock. This marks a significant increase from previous holdings, with the value of the shares rising by 1216.35% and the number of shares increasing by 1106.95%. The filing indicates that BlackRock acquired these shares in the ordinary course of business and not with the intent to influence control of the issuer. The filing also includes certifications and exhibits, such as a Power of Attorney and details on subsidiary identification.