Tags : reynolds american

Thornburgh resigns from RAI board of directors

Richard E. Thornburgh resigned from the Reynolds American (RAI) board of directors and the board’s audit and finance committee, effective Dec. 7. Thornburgh had served on the RAI board as an independent director since December 2011. “RAI’s shareholders, board and management have greatly benefited from Dick’s financial acumen and strategic advice and counsel over the...Read More

Executive changes announced at RAI and its operating companies

Reynolds American Inc. (RAI) has announced several executive changes at both RAI and its largest subsidiary, R.J. Reynolds Tobacco Company. All the changes will be effective Oct. 1. Debra Crew, who is currently president and chief commercial officer of R.J. Reynolds, will become president and chief operating officer of the company. She will assume management...Read More

RAI in sustainability index

Reynolds American has been awarded membership in the 2014-2015 Dow Jones Sustainability North America Index, effective Sept. 22, 2014. Reynolds American is one of only 149 North American companies on the index, which is used by many investment portfolio managers when making investment decisions. Previously, the company was a member of the index from 2009...Read More

RAI increases quarterly dividend

Reynolds American Inc. said yesterday that its board of directors had approved a 6.8 percent increase in the quarterly cash dividend on the company’s common stock, taking it from $0.59 per share ($2.36 per share annualized) to $0.63 per share ($2.52 per share annualized). The dividend will be payable on July 1 to shareholders of...Read More

Reynolds American profits jump 88 pct in Q1, volume down

Consumers squeezed by higher gas prices and an increase to the payroll tax led Reynolds American Inc. to report a sharp drop in cigarette volumes in the first quarter. “Overall, the external environment remained challenging,” President and CEO Daniel Delen said. “Industry cigarette volumes were negatively impacted by higher energy prices, the expiration of the payroll-tax...Read More

Where there’s smoke, there’s still profit

When the three major U.S. tobacco companies report their first-quarter results this week, investors can find comfort in two themes that have remained consistent for years: Cigarette volumes will fall, but profits will rise, according to a story in The Wall Street Journal. For the past three years, cigarette volumes have dropped around 3 percent to...Read More

RAI to host results conference call

Reynolds American Inc. is due to host a conference call and webcast following the release of first-quarter 2013 financial results before the market opens on April 23. The company’s president and CEO, Daniel M. Delen, its CFO, Thomas R. Adams, and its vice president of investor relations, Morris L. Moore, will speak during the conference...Read More