British American Tobacco

British American Tobacco

About British American Tobacco

British American Tobacco p.l.c. (informally BAT) (LSE:_BATS, NYSE_Amex:_BTI, JSE: BTI) is a British multinational tobacco company headquartered in London, United Kingdom. It is the world_s second-largest quoted tobacco company by market share (after Philip Morris International), and has a leading position in over 50 countries and operations in more than 180 countries. Its brands include Dunhill, Kent, Lucky Strike and Pall Mall. BAT has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. As of 26 December 2011 it had a market capitalisation of _59.2_billion, the sixth-largest of any company listed on the London Stock Exchange. It has a secondary listing on the Johannesburg Stock Exchange. The company was formed in 1902, when the United Kingdom's Imperial Tobacco Company and the American Tobacco Company of the USA agreed to form a joint venture, the British-American Tobacco Company Ltd.

Contributions by Dormskirk, Rangoon11, and Darkieboy236.