BATU - British American Tobacco Uganda
British American Tobacco (Uganda) Limited, incorporated under the Companies Act (cap. 85), is the leading tobacco growing and processing company in Uganda. Operating as a subsidiary of BAT Investments (UK) Limited, the history of BAT Uganda (BATU) dates far back to 1927 when commercial varieties of tobacco were introduced in the country. The company then proceeded to build its first cigarette factory in East Africa at Jinja the following year. After acquiring the East African Tobacco Company in 1949, BATU became the main operating company of BAT in East Africa. Its current brands include Benson & Hedges, Embassy, Rex, Sportsman and many others which make BAT Uganda one of the largest tax contributors in the state.
In July 1988, BAT Uganda adopted the new British American Tobacco universal corporate identity and became known as British American Tobacco Uganda. Two years afterwards, in 2000, BATU resolved to become a public company leading to its listing on the USE.
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BATU Stock Market Performance
The current share price of British American Tobacco Uganda (BATU) is UGX 30,000.00. BATU closed its last trading day (Friday, July 24, 2020) at 30,000.00 UGX per share on the Uganda Securities Exchange (USE). The table below details the last 2 trading days of activity of British American Tobacco Uganda on the Uganda Securities Exchange.
Profile of British American Tobacco (Uganda) Limited
British American Tobacco (Uganda) Limited operates in the Consumer Goods sector.
|Factsheet of British American Tobacco (Uganda) Limited|
Plot 69/71 Jinja Road, Industrial Area, P. O. Box 7100, Kampala, Uganda
BATU Industrial Market Competitors
British American Tobacco (Uganda) Limited, issuers of the BATU stock on the Uganda Securities Exchange, have one market competitor who is also engaged in the Consumer Goods sector. The table below presents an overview of their market standing.