According to a report from Watchlistnews, American investment firm Ninety One North America Inc. has reduced its investment in Philip Morris International Inc. stocks by 12.0%.
After selling 84,538 shares, Ninety-One North America Corporation now owns only 620,984 shares of the company. Philip Morris International accounts for 2.8% of Ninety-One North America Corporation's investment portfolio, ranking as its 15th largest investment. As of the latest filing with the Securities and Exchange Commission (SEC), Ninety-One North America Corporation's investment value in Philip Morris International is $57,491,000.
Philip Morris International is a tobacco company that focuses on providing a smoke-free environment for the future. Its product portfolio includes not only tobacco and nicotine products but also non-tobacco alternatives. The company's product lineup primarily consists of cigarettes and smoke-free products, including heated tobacco, e-cigarettes, and oral nicotine products. Its main brands are IQOS and ZYN, along with consumer accessories such as lighters and matches.
Notice
1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.
2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.
3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.
Copyright
This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.
This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.
