Aberdeen Group plc Sells 89,923 Shares of Philip Morris International Inc. $PM

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Aberdeen Group plc reduced its stake in Philip Morris International (NYSE:PM) by 11.4% in Q4, selling 89,923 shares and ending with 701,413 shares valued at $112.5 million. Concurrently, Philip Morris CFO Emmanuel Babeau and CEO Jacek Olczak also sold significant shares in February, decreasing their ownership. The company announced a quarterly dividend of $1.47, with an ex-dividend date of March 19th.

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