Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 3 May 2001
Length: 14 pages
Data source: Published sources
Abstract
UST, Inc is a very profitable smokeless tobacco firm with low debt compared to other firms in the tobacco industry. The setting for the case is UST's recent decision to substantially alter its debt policy by borrowing USD1 billion to finance its stock repurchase program.
Location:
Industries:
Size:
USD1.4 billion revenues, 4,765 employees
Other setting(s):
1999
About
Abstract
UST, Inc is a very profitable smokeless tobacco firm with low debt compared to other firms in the tobacco industry. The setting for the case is UST's recent decision to substantially alter its debt policy by borrowing USD1 billion to finance its stock repurchase program.
Settings
Location:
Industries:
Size:
USD1.4 billion revenues, 4,765 employees
Other setting(s):
1999