Blackwater

Kenneth Dart Reduces Stakes in Major Tobacco Companies

Billionaire investor Kenneth Dart has decreased his holdings in British American Tobacco from 10.5% to 7.9% and in Imperial Brands from 7% to 5.9%. Despite the sell-off, Dart remains a significant shareholder, having benefited from industry rebounds and stock buybacks.

Source:
  • The Times (May 8, 2025)
2025-05-12 13:22