VGR Stock - Vector Group Ltd

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Vector Group Ltd., operating through its subsidiaries, is a diversified company primarily engaged in the manufacturing and sale of cigarettes in the United States. Divided into two core segments, Tobacco and Real Estate, the company offers a wide range of cigarette products marketed under various well-known brands such as EAGLE 20's, Pyramid, Montego, Grand Prix, Liggett Select, Eve, and USA, alongside numerous partner and private label brands. Vector Group distributes its cigarettes to wholesalers, distributors of tobacco products, and major retail chains including grocery, drug, and convenience stores.

In addition to its tobacco operations, Vector Group is active in real estate investment. Leveraging its financial strength and strategic investments, the company participates in real estate development and property management activities. This diversification strategy aims to enhance overall profitability and mitigate risks associated with fluctuations in the tobacco industry.

Established in 1873 and originally known as Brooke Group Ltd., Vector Group Ltd. rebranded in May 2000 to reflect its broader corporate identity and evolving business portfolio. Headquartered in Miami, Florida, the company continues to uphold a legacy of resilience and adaptability, maintaining a strong market presence in both the tobacco and real estate sectors while pursuing growth opportunities aligned with its strategic objectives.

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