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Swedish Match AB (publ) (SWMA.ST)

Stockholm - Stockholm Real-time price. Currency in SEK
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109.25-1.25 (-1.13%)
As of 04:55PM CEST. Market open.
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Previous close110.50
Bid109.20 x 0
Ask109.15 x 0
Day's range109.10 - 110.45
52-week range63.16 - 110.50
Avg. volume3,057,514
Market cap169.796B
Beta (5Y monthly)0.15
PE ratio (TTM)3.17
Earnings dateN/A
Forward dividend & yield1.86 (1.75%)
Ex-dividend date11 Nov 2022
1y target estN/A
  • Reuters

    Elliott could seek seat on Swedish Match board -source

    GDANSK/LONDON (Reuters) -Elliott Management Corp, which has raised its stake in Swedish Match, would consider taking a seat on the board of the Stockholm-based maker of Zyn nicotine pouches, according to a source familiar with the matter. Along with three other investors and a chair, Elliott is on a nominating committee that under Swedish law can evaluate who should be on Swedish Match's board, according to the Swedish Match website. Philip Morris International's $16 billion offer for Swedish Match is hanging in the balance after Elliott disclosed on Friday that it had increased its stake to 7.25% from 5.5%.

  • Bloomberg

    Hedge Fund Elliott Tightens Swedish Match Grip With 7.25% Stake

    (Bloomberg) -- Hedge fund Elliott Investment Management continued to increase its stake in Swedish Match AB and has emerged as the biggest single shareholder in the Swedish smokeless tobacco company, further threatening the takeover bid from Philip Morris International (PMI).Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandMeta to Cut Headcount for First Time, Slash Budgets Across TeamsTop Apple Executive Is Leaving After Making Crude Remarks in TikTok VideoM

  • Reuters

    Philip Morris not planning to drop $16 billion Swedish Match bid - CEO

    GDANSK/LONDON (Reuters) -Philip Morris International is not considering withdrawing its offer for Swedish Match despite deteriorating global economic conditions and has "options on the table" including holding a majority stake, its CEO told Reuters. Marlboro-maker Philip Morris in May offered to buy the Stockholm-based company in a bet on the fast-growing market for cigarette alternatives. By Swedish law, 90% of Swedish Match shareholders need to approve the offer before Oct. 21, but some have come out against the $16 billion -- or 106 SEK per share -- bid for one of the world's biggest makers of oral nicotine products.