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Asking about global exposure does not allow us to characterize in detail the settings in which the population is exposed, and hampers any detailed analysis of AM

References: Ibid

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Their combustibles segment reports decent revenue/operating margin expansion, with the legacy offering continuing to "funding our transformation." BTI's valuations are still compelling at FWD P/E of 12.1x and a 3Y PEG ratio of 1.55x, while boasting a still rich forward dividend yield of 5.57% and ongoing share buyback