British American Tobacco Bangladesh Company Limited announcements
325 Dhaka Stock Exchange announcements for British American Tobacco Bangladesh Company Limited (BATBC) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (32).
- Interim Dividend Disbursement
The Company has informed that it has disbursed the Interim Cash Dividend based on un-audited financial statements for the period ending September 30, 2024 to the respective shareholders.
- Board approval of investment that is required to increase capacity
The company has informed that the Board of Directors of the company in its meeting dated 24th December 2024 approved the investment of BDT 28.38 Crore that is required to increase the capacity. The investment will be funded from internal sources and bank financing based on the cash flow of the Company. To view the details, please visit the following link: https://www.dsebd.org/Annexure/2024/BAT%20Bangladesh%20PSI_2024.pdf
- Update of Information
The company has requested all the Brokerage Houses to provide the list of margin holders' names, shareholdings, e-TIN as of 19th November 2024 (the record date for Interim Cash Dividend) by 30th November 2024 positively for processing the dividend. The contact information are: Email address: [email protected], [email protected], [email protected], Mailing Address: Share Department, BAT Bangladesh, New DOHS Road Mohakhali, Dhaka-1206. Contact Number: 01313701925; 01755532753.
- Resumption after Record Date
Trading of the shares of the company will resume on 20.11.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 19.11.2024, for entitlement of interim dividend.
- Spot for entitlement of interim dividend
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 17.11.2024 to 18.11.2024 and trading of the shares of the company will remain suspended on record date i.e., 19.11.2024 for entitlement of interim dividend.
- Manufacturing and supply agreement of the company with PMBL
The company has informed that the Board of Directors of the company in its meeting dated 12th November 2024 approved that British American Tobacco Bangladesh Company Limited (BATB) and Philip Morris Bangladesh Limited (PMBL) have entered into a manufacturing and supply agreement. Commencing 12th November 2024, the manufacturing of some of PMBL's tobacco products will take place at BATB's manufacturing facility in Bangladesh.
- (Q3 Un-audited): EPS was Tk. 7.35 for July-September 2024 as against Tk. 7.52 for July-September 2023; EPS was Tk. 24.49
(Q3 Un-audited): EPS was Tk. 7.35 for July-September 2024 as against Tk. 7.52 for July-September 2023; EPS was Tk. 24.49 for January-September 2024 as against Tk. 25.11 for January-September 2023. NOCFPS was Tk. 26.17 for January-September 2024 as against Tk. 11.38 for January-September 2023. NAV per share was Tk. 113.82 as on September 30, 2024 and Tk. 99.33 as on December 31, 2023. (cont.)
- Interim Dividend Declaration
The Board of Directors has declared an Interim Cash Dividend of 150% i.e., BDT 15.00 per share based on the Q3 Un-Audited financial statements for the period ending September 30, 2024. Record date for entitlement of the Interim Cash Dividend is 19.11.2024.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.10.2024) following its corporate declaration.
- Q3 Financials
(Cont. news of BATBC): Reasons for deviation: Earning per share (EPS) decreased from same period last year driven by lower leaf export. Net operating cash flow per share (NOCFPS) increased due to higher cash collection from sales compared to same period last year. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 29, 2024 at 7:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- The company has informed that the Board of Directors of the company in its meeting dated 25th September 2024 approved, a
The company has informed that the Board of Directors of the company in its meeting dated 25th September 2024 approved, among others, the capital investment of BDT 11.56 crore (Eleven Crore and Fifty-Six Lac) only for Rooftop Solar panel (1.5 MW) along with its relevant infrastructure in the Savar factory of the Company. (cont.)
- Board approval of capital investment for Rooftop Solar panel
(Cont. news of BATBC): The investment in Solar panel system would reduce carbon emission by 944 ton per year and will ensure electricity cost savings of BDT 5.10 Crore per year for 20 years. The investment will be funded from internal sources and bank financing based on the cash flow of the Company. (end)
The first part of this announcement is missing from the archive. - (Q2 Un-audited): EPS was Tk. 9.48 for April-June 2024 as against Tk. 9.14 for April-June 2023; EPS was Tk. 17.14 for Jan
(Q2 Un-audited): EPS was Tk. 9.48 for April-June 2024 as against Tk. 9.14 for April-June 2023; EPS was Tk. 17.14 for January-June 2024 as against Tk. 17.59 for January-June 2023. NOCFPS was Tk. (20.87) for January-June 2024 as against Tk. (1.23) for January-June 2023. NAV per share was Tk. 106.47 as on June 30, 2024 and Tk. 99.33 as on December 31, 2023. (cont.)
- Q2 Financials
(Cont. news of BATBC): Reasons for deviation in EPS and NOCFPS: EPS slightly decreased from same period last year mainly driven by lower leaf export. NOCFPS decreased from same period last year due to higher excise and tax payments. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on August 22, 2024 at 07:00 PM to consider, among others, financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Appointment of Chairman
The company has informed that the Board of Directors of the company has appointed Mr. Wael Sabra as the Chairman of the Board of Directors of the Company with effect from August 01, 2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 7.65 for January-March 2024 as against Tk. 8.44 for January-March 2023. NOCFPS was Tk. (10.49) for January-March 2024 as against Tk. (2.09) for January-March 2023. NAV per share was Tk. 96.98 as on March 31, 2024 and Tk. 99.33 as on December 31, 2023. EPS decreased from same period last year driven by volume de-growth and lower leaf export. NOCFPS decreased from same period last year due to higher excise and tax payments.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on May 13, 2024 at 7:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- Appointment of Managing Director
The company has informed that the Board of Directors has accepted the resignation of Mr. Shehzad Munim from the position of Managing Director with effect from July 01, 2024. The Board also appointed Ms. Monisha Abraham, Director and Country Manager, as the successor to Mr. Shehzad Munim as Managing Director of the Company with effect from July 01, 2024.
- Appointment of Company Secretary
The Company has informed that the Board of Directors has appointed Mr. Syed Afzal Hossain as Company Secretary of the Company with effect from April 01, 2024.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the company as 'AAA' in the long term and 'ST-1' in the short term along with Stable outlook in consideration of its audited financials up to December 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after Record date
Trading of the shares of the company will resume on 04.03.2024.
- Regarding Floor Price withdrawal after Record date
As per BSEC Order No. BSEC/Surveillance/2020-975/211 dated February 06, 2024, the floor price of the company will be withdrawn after record date i.e. March 03, 2024 with effect from March 04, 2024. However, upper limit and lower limit of the circuit breaker will be applicable as per the Commission's Order No. BSEC/Surveillance/2020-975/219 dated June 17, 2021.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 03.03.2024.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 28.02.2024 to 29.02.2024 and trading of the shares will remain suspended on record date i.e., 03.03.2024.
- The Board of Directors has recommended 100\% final cash dividend for the year ended December 31, 2023. Date of AGM: 28.0
The Board of Directors has recommended 100\% final cash dividend for the year ended December 31, 2023. Date of AGM: 28.03.2024, Time: 10:30 AM. Record date: 03.03.2024. The Company has reported EPS of Tk. 33.11, NAV per share of Tk. 99.33 and NOCFPS of Tk. 18.90 for the year ended December 31, 2023 as against Tk. 33.10, Tk. 76.27 and Tk. 50.04 respectively for the year ended December 31, 2022. (cont.)
- Dividend Declaration
(Continuation news of BATBC): The company has also informed that during 2023 EPS increased marginally due to growth in revenue offset by higher expenses. Expenses increased significantly due to impact from inflation and devaluation of taka. NOCFPS decreased due to higher payment of VAT, duty and tax to the government exchequer and payments to suppliers for materials and expenses. NAV increased due to higher inventory, receivables, and cash balances from increased sales. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (11.02.2024) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on February 08, 2024 at 7:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.