Vector Group Ltd (VGR) Key Developments | Reuters.com
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Vector Group Ltd (VGR)

VGR on New York Consolidated

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Vector Group Ltd expects to cut tobacco workforce by 95 full time employees
Tuesday, 6 Oct 2015 06:44am EDT 

Vector Group Ltd:Says commenced a restructuring of the tobacco operations of liggett group llc and liggett Vector brands llc.Says total workforce of tobacco segment is expected to decline by approximately 95 full time employees by the end of 2015.Says estimate $10 million of annual cost savings from the restructuring.Says expect to recognize charges of $1 million on employee severance costs, $4 million for non-cash pension benefit related costs.  Full Article

Vector Group Ltd declares quarterly cash dividend
Wednesday, 2 Sep 2015 04:45pm EDT 

Vector Group Ltd:Declared a regular quarterly cash dividend on its common stock of $0.40 per share.Payable on Sept. 29 to holders of record date as of Sept. 16.  Full Article

Vector Group Ltd changes in registrant's certifying accountant -Form 8-K
Friday, 12 Jun 2015 07:14am EDT 

Vector Group Ltd:On June 8, 2015, Company dismissed PricewaterhouseCoopers LLP as the Company’s independent registered certified public accounting firm, effective June 8.Approves Deloitte & Touche LLP as the Company’s independent registered certified public accounting firm for the Company’s fiscal year ending Dec. 31.  Full Article

Vector Group Ltd declares quarterly cash dividend
Wednesday, 3 Jun 2015 08:00am EDT 

Vector Group Ltd:Declared a regular quarterly cash dividend on its common stock of $0.40 per share.The quarterly cash dividend will be payable on June 30, to holders of record as of June 17.  Full Article

Vector Group Ltd declares quarterly cash dividend
Wednesday, 4 Mar 2015 08:30am EST 

Vector Group Ltd:Declared a regular quarterly cash dividend on its common stock of $0.40 per share.The quarterly cash dividend will be payable on March 31 to holders of record as of March 18.  Full Article

Vector Group Ltd declares quarterly cash dividend
Monday, 1 Dec 2014 04:00pm EST 

Vector Group Ltd:Declares regular quarterly cash dividend on its common stock of $0.40 per share.Payable on Dec. 30.To holders of record as of Dec. 12.  Full Article

Vector Group Ltd declares quarterly cash dividend
Tuesday, 2 Sep 2014 04:45pm EDT 

Vector Group Ltd:Declares regular quarterly cash dividend on it common stock of $0.40 per share.Additionally, company declared regular annual stock dividend of five pct.Both quarterly cash and annual stock dividends are payable on Sept. 26 to holders of record as of Sept. 15.  Full Article

Vector Group Ltd extends exchange offer deadline for 7.750 pct senior secured notes
Thursday, 7 Aug 2014 06:00pm EDT 

Vector Group Ltd:Extends expiration of exchange offer from 5:00 p.m., New York City Time, on Aug. 7, 2014 to 5:00 p.m., New York City Time, on Aug. 14, 2014.Pursuant to exchange offer, company has offered to exchange $150,000,000 in aggregate principal amount of 7.750 pct Senior Secured Notes due 2021.Which were issued as additional notes in April 2014 in private placement, for equal amount of newly issued 7.750 pct Senior Secured Notes due 2021.New Notes will have substantially same terms as Original Notes.As of 5:00 p.m., New York City time, on Aug. 07, 2014, $149,900,000 in aggregate principal amount of Original Notes had been tendered pursuant to exchange offer.Exchange offer has been extended in order to allow additional time for holders of remaining $100,000 aggregate principal amount of Original Notes to participate in the exchange offer.Except for extension of expiration date of exchange offer for Original Notes, all other terms, conditions and provisions of the exchange offer remain effective as of the date hereof.  Full Article

BRIEF-Vector announces pricing of additional senior notes

* Vector announces pricing of an additional $235 million of 7.750% senior secured notes due 2021