BTI

British American Tobacco p.l.c. (LSE:BATS) is a multinational tobacco and nicotine products company founded in 1902 and headquartered in London, United Kingdom. Originally established as a joint venture between British Imperial Tobacco and American Tobacco Company, BAT has evolved from a traditional cigarette manufacturer into one of the world's largest tobacco companies with operations spanning the Americas, Europe, Asia-Pacific, Middle East, and Africa. The company has been publicly traded since 1980 and is currently undergoing a strategic transformation from combustible tobacco products toward reduced-risk alternatives as part of its "Building a Smokeless World" vision, targeting 50% non-combustible revenue by 2035.