British American Tobacco (BAT) announced a change in the voting rights composition involving The Capital Group Companies, Inc., which now holds 15.075429% of the voting rights, up from a previous 14.040509%. This adjustment in holdings indicates a notable change in the company’s stakeholder landscape, potentially impacting its governance and decision-making processes.
The Los Angeles-based Capital Group is BAT’s largest shareholder, growing from a 13% stake in July 2024 and 14% stake in December 2024.Capital Group is the world’s largest active fund manager, with $2.7 trillion AuM (assets under management).
