|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||8.31 - 9.84|
|52 Week Range||6.00 - 9.90|
|Beta (5Y Monthly)||0.12|
|PE Ratio (TTM)||8.30|
|Forward Dividend & Yield||0.18 (2.00%)|
|Ex-Dividend Date||Apr 14, 2021|
|1y Target Est||N/A|
Swedish Match today announced that it intends to separate its cigar business via a spin-off to shareholders and to completely exit the manufacturing of combustible tobacco products. Swedish Match has initiated preparations for a separation and a subsequent listing on a major US securities exchange, with a final decision on execution subject to various considerations. The separation is expected to be completed during the second half of 2022, at the earliest.
In May, the number of shares and votes in Swedish Match AB (publ) increased as a result of the share split (ratio 10:1) that was resolved by Swedish Match AB's Annual General Meeting on April 13, 2021, through which each existing share was divided into ten shares.