I need to know this for a project in Econ.
2007-02-14 03:29:09 · 3 answers · asked by china_man_89 1 in Business & Finance ➔ Investing
The company initial went public in 1881 in London.
http://www.altria.com/about_altria/1_2_5_4_philipmorrisusastory.asp
Goodluck finding the details!
NOTE: As for historical prices remember those are split adjusted numbers.
Also they did not become Altria because of the Kraft food deal. They initially bought Kraft in 1988. They changed their name to Altria in 1985. They did buy General Foods in that same year though.
2007-02-14 04:28:50 · answer #1 · answered by random_market_investor 2 · 1⤊ 0⤋
I don't know, but it currently trades for around $85. Roughly 50 years ago it traded for less than $.10 per share.
That's strong growth.
You can go to the Philip Morris website and request the information on that IPO from shareholder relations. The corporate name is Altria (renamed about the aquisition of Kraft).
2007-02-14 12:01:52 · answer #2 · answered by MR MONEY 3 · 0⤊ 0⤋
Best to call the company -now know as Altria or symbol MO
2007-02-15 02:13:12 · answer #3 · answered by laliquebarry 2 · 0⤊ 0⤋