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The company is an international dividend achiever, which has managed to reward shareholders with a dividend increase every year since 1997

This pattern of disclosure illustrates the companys ongoing interaction with equity investors and the importance of capital structure management to its overall corporate strategy

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Lawyers for the manufacturer of Newport menthol cigarettes and other tobacco companies argued that states lack jurisdiction to ban tobacco products and told the justices they face substantial financial losses from the law, noting that menthol cigarettes make up about a third of the cigarette market