Philip Morris International Inc. (PM)
After hours:
| Previous Close | 102.91 |
| Open | 102.78 |
| Bid | 106.54 x 900 |
| Ask | 107.00 x 1100 |
| Day's Range | 102.78 - 106.70 |
| 52 Week Range | 85.64 - 112.48 |
| Volume | |
| Avg. Volume | 6,276,409 |
| Market Cap | 165.273B |
| Beta (5Y Monthly) | 0.68 |
| PE Ratio (TTM) | 18.45 |
| EPS (TTM) | 5.78 |
| Earnings Date | Jul 21, 2022 |
| Forward Dividend & Yield | 5.00 (4.94%) |
| Ex-Dividend Date | Mar 23, 2022 |
| 1y Target Est | 110.26 |
- Motley Fool
3 Takeaways From Philip Morris' $16 Billion Merger with Swedish Match
Tobacco giant Philip Morris International (NYSE: PM) is making a splash with a blockbuster deal earlier this month to acquire Swedish Match (OTC: SWMAF) for $16 billion in an all-cash arrangement. Swedish Match is a fellow nicotine-products company, most famous for its Zyn nicotine pouches, a smokeless nicotine product. Philip Morris has a market cap of $160 billion, so this deal is pretty significant and could have some short- and long-term ramifications for shareholders.
- Reuters
UPDATE 1-Swedish Match investor abrdn says Philip Morris offer may not reflect full value
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.
- Reuters
Swedish Match investor abrdn says Philip Morris offer may not reflect full value
LONDON (Reuters) -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.
