Rai is not selling shares. British American Tobacco BTI is selling shares (under the holding companies name B & W). Reynolds is doing a large Buy Back of shares. Over 2 Billon dollars worth between 12 & 2013. BTi has agreed to keep thier ownership of RAI to 41 or 42% during this time. In order to do that they must sell shares every quarter per agreement. If they did not sell shares Bti % of ownership would go up to 45, 46, or 50%. There is a 10 year agreement till next june. Then BTI can buy all of RAi. Please research my facts. Best of my Knowledge. This is very goo for the stock in more ways than one. Buying back 10% of it's stock. Profits up, divi will go up in May announcement (i think). MY 2009 investment is up 70% and divi is paying me 9%.
Your reading what #$%$ web sites say -