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Here at FxPro, we’re delighted to offer our clients the opportunity to invest in Philip Morris International Inc, through our CFDs Product. This is an American tobacco company, one of the largest cigarette manufacturers in the world.
According to the official open sources, the company’s history began in 1847. Headquarters is located in Lausanne, Switzerland.
In 1924, the company began producing Marlboro cigarettes. In 1972, the Marlboro cigarette brand became the best-selling brand in the world. Until 2008, it was part of the Altria Group, and since March 28, 2008, it has become an independent company.
The most famous brands produced are Marlboro, Parliament, Bond, Chesterfield, L & M, Philip Morris, PRESIDENT, HEETS (tobacco sticks for smokeless tobacco heating IQOS).
72.7% of the company's shares are owned by institutional investors, the largest of which are Capital Group Companies, The Vanguard Group, BlackRock, State Street Corporation, T. Rowe Price.
In 2014, the company launched sales of the IQOS device, an electronic tobacco heating system using HeatControl technology.
In 2015, the company launched sales of Solaris e-cigarettes in Spain and Israel.
In September 2016, the construction of a tobacco stick factory in Bologna (Italy) was completed. The amount of investment in construction amounted to 500 million euros.
In 2018, the total amount of sticks sold for IQOS was 201.4 billion units worldwide.
Today this brand is listed on the NYSE and its name is firmly established in our life.
Philip Morris International Inc stock price is subject to the observations of many traders in the world. At the beginning of 2019, Philip Morris share price was 68,92 USD.
Among the reasons to keep a close eye to the CFDs on Philip Morris International Inc securities is the strong volatility that can be observed during the day-to-day trading sessions.
On this page, you can take a look at the Philip Morris International Inc share price chart to make your own responsible decision to buy or to sell it on the FxPro trading platforms.
In order to trade shares successfully, be sure to follow corporate reports and actual data that are regularly published on the major news portals.
Also, keep a close eye to the Dividend calendar at the FxPro official website. According to it, сlients, holding “Buy” positions on the ex-div date will receive a dividend in the form of a cash adjustment (deposit). Clients, holding “Sell” positions on the ex-div date will be charged the dividend amount in the form of a cash adjustment (withdrawal).
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