|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's Range||101.60 - 105.74|
|52 Week Range||85.64 - 112.48|
|Beta (5Y Monthly)||0.68|
|PE Ratio (TTM)||17.80|
|Earnings Date||Jul 21, 2022|
|Forward Dividend & Yield||5.00 (4.94%)|
|Ex-Dividend Date||Mar 23, 2022|
|1y Target Est||110.26|
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Swedish Match shareholder abrdn said on Monday it was not clear whether the long-term value of the company was reflected in the Philip Morris offer price for the Swedish company. The Marlboro maker agreed this month to buy Swedish Match in a $16 billion bet on the growing market for cigarette alternatives. Swedish Match has recommended shareholders accept the offer, although investors are divided.
Swedish Match shareholder abrdn said on Monday it was not clear whether the long-term value of the company was reflected in the Philip Morris offer price for the Swedish company. Abrdn is the 18th biggest shareholder in Swedish Match and held a 0.4% stake totalling $48.7 million as at March 31, according to Refinitiv data.
The tobacco giant Philip Morris International (NYSE: PM) has surged around 5% higher year to date while the S&P 500 index has fallen 17% so far this year. Philip Morris International reported an excellent first quarter, beating the analyst consensus for both net revenue and non-GAAP (adjusted) diluted earnings per share (EPS). The company recorded $7.7 billion in net revenue in the first quarter, which represents a 2.1% growth rate over the year-ago period.