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Swedish Match Annual General Meeting 2017

Major items approved by today's Annual General Meeting include: An ordinary dividend of 8.50 SEK per share and a special dividend of 7.50 SEK per share, in total 16.00 SEK per share Mandate to repurchase up to 10 percent of all shares in the Company
PR Newswire
added May 5, 2017 12:39
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Cigarette sales are plummeting. But tobacco company profits are still booming.

The number of cigarettes sold in the U.S. fell by 37 per­cent from 2001 to 2016. But revenues at U.S. tobacco com­pa­nies rose by 32 percent over the same period, to an estimated $93.4 billion. Why?
The Week
added May 5, 2017 12:38
13 Views

[UK] Tobacco group Imperial Brands hit by 6% fall in cigarette sales

said the number of cigarettes it sold fell 6 per cent to 126bn compared with a year earlier. However, the potential hit to revenues was cancelled out by currency movements. Imperial sells most of its products outside Britain but reports earnings in sterl
Financial Times (uk)
added May 3, 2017 11:55
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[Australia] AMA Leadership Development Dinner Friday, May 26, 2017 - 19:30

hear from inspirational speaker Dr Bronwyn King, a Melbourne radiation oncologist who convinced Australia’s largest super funds to divest 1.8 billion in tobacco companies.
Australian Medical Association (au)
added May 2, 2017 20:01
54 Views

[UK] Takeover bid from Japan Tobacco on Imperial Tobacco extremely unlikely, Citi says

The chief reason is that Japanese laws require the government to maintain a one-third stake in JT. To circumvent antgi-trust legislation JT might buy 60% of Imperial, but that would push its leverage, in terms of net debt to EBITDA to near 5%, far exceed
Digital Look (uk)
added Apr 28, 2017 22:48
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[UK] Imperial Brands falls as takeover speculation eases

was a faller on Friday after Citigroup bet against the longstanding speculation of a bid from Japan Tobacco ever becoming reality. Citi saw a deal as “extremely unlikely”, because the Japanese state is legally required to maintain a one-third stake in Ja
Financial Times (uk)
added Apr 28, 2017 21:15
6 Views

Big investors call for new limits on tobacco companies

A quartet of major global investors are calling on their peers to publicly back efforts to rein in the tobacco industry. Axa, Calpers, Scor and AMP Capital want other investors to sign a statement supporting “global action against the tobacco epidemic a
Financial Times (uk)
added Apr 28, 2017 12:38
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[Asia, India] Government investment in the tobacco industry promotes use, says Sumitra Pednekar

Sumitra Pednekar lost her husband Satish Pednekar, who was Maharashtra’s former home and labour minister to oral cancer in 2011, and has questioned the government’s contrarian policy on tobacco. She has filed a public interest litigation in the Bombay H
DNA India (in)
added Apr 26, 2017 12:47
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Big Tobacco’s boom time as cigarette revenue soars

Investors are also cheering...The industry sells 5.5 trillion cigarettes each year to the world’s one billion smokers. In many ways, the US has become attractive again as opportunities around the rest of the globe wane.
The Australian (au)
added Apr 24, 2017 18:29
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[West Virginia] All Things Considered: U.S. Tobacco Profits Soar Despite Drop In Number Of Smokers

Maloney of The Wall Street Journal found revenue is soaring. Her piece in today's Journal details how... MALONEY: Well, the profit margins are growing every single year. They've gone up 77 percent since 2007. CORNISH: So is there, like, a typical or aver
West Virginia Public Broadcasting
added Apr 25, 2017 16:43
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