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British American Tobacco p.l.c. ADR represents shares of the multinational tobacco company British American Tobacco (BAT) that are available to U.S. investors in the form of American Depositary Receipts (ADRs). Headquartered in London, BAT is one of the world's leading tobacco and nicotine product manufacturers. The company’s portfolio includes a range of products such as combustible cigarettes, vapor products, tobacco heating products, oral tobacco, and nicotine products. The primary function of BAT's ADRs is to provide U.S. investors with an opportunity to invest in a foreign-based company with ease, bypassing complex international investing requirements. These ADRs allow investors to gain exposure to a leading player within the tobacco and nicotine industry known for its prominent brands like Dunhill, Kent, Pall Mall, and Lucky Strike. British American Tobacco plays a significant role in the consumer goods sector, especially impacting industries focusing on fast-moving consumer goods (FMCGs) and markets exploring reduced-risk products as consumers show a growing interest in alternatives to traditional smoking. The company's strategic focus on developing a diverse product portfolio underscores its adaptability and market resilience.