Investor Relations

Transaction Completed

Reynolds American Inc. (RAI) is now an indirect, wholly owned subsidiary of British American Tobacco p.l.c. (BAT), an international tobacco group with brands sold in more than 200 markets.

As a result of the transaction, former RAI shareholders are now shareholders in a stronger, global tobacco and next generation products (NGP) company, committed to delivering long-term profit growth and shareholder returns.

The enlarged Group now has a balanced presence in high growth emerging markets and high profitability developed markets, combined with direct access to the attractive U.S. market. It is now also a truly global NGP business, with a world-class pipeline of vapor and tobacco-heating products and access to the fastest growing NGP markets.