| Date | Title | | | 05.21.2013 | Lorillard, Inc. Announces Increase in Stock Repurchase Program| GREENSBORO, N.C., May 21, 2013 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, announced today that its Board of Directors amended the Company's existing $500 million share repurchase program to authorize an additional $500 million in repurchases, authorizing the Company to repurchase in the aggregate up to $1.0 billion of its outstanding common stock. The original $500 million share repurchase program was announced on March 8, 2013.... |
|  | | 05.15.2013 | Lorillard Announces Pricing of $500 Million Debt Offering| GREENSBORO, N.C., May 15, 2013 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced that it has priced an underwritten public offering of an aggregate principal amount of $500 million 3.75% senior notes due 2023 through its main operating subsidiary, Lorillard Tobacco Company, and guaranteed by Lorillard, Inc.
Lorillard, Inc. expects to close the sale of the notes on May 20, 2013, subject to customary closing conditions... |
| | | 05.14.2013 | Lorillard, Inc. Announces Quarterly Dividend on Common Stock| GREENSBORO, N.C., May 14, 2013 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, announced today the declaration of a quarterly dividend on its common stock in the amount of $0.55 per share, payable on June 10, 2013 to stockholders of record as of May 31, 2013.
About Lorillard, Inc.
Lorillard, Inc. (NYSE: LO), through its Lorillard Tobacco Company subsidiary, is the third largest manufacturer of cigarettes in the United States. ... |
| | | 04.24.2013 | Lorillard, Inc. Reports First Quarter Results| GREENSBORO, N.C., April 24, 2013 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO) announced today its results for the quarter ended March 31, 2013.
First Quarter Highlights
First quarter reported (GAAP) diluted earnings per share increased 50.9% versus last year to $0.86, including a $143 million MSA payment dispute settlement benefit that reduced the Company's first quarter tobacco settlement expense.
First quarter adjusted (Non-GAAP) diluted earnings per share increased 13.8% versus last ... |
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