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Smoking may not hold the cultural cachet it once did but with their incredibly sing song, marketable names - Marlboro Reds, Lucky Strikes, Camel Blues, Pall Malls - and double entendre potential, it fits that in country music it was never about the smoking, but about the cigarettes themselves, and the person holding them

The World Health Organization (WHO) estimates that there are approximately one billion smokers in the world, which is about a seventh of the worlds population

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Nicotine Level: Generally higher due to the use of stronger leaves and slower combustion

If future buybacks are done at 16x (the broad markets median multiple) then EPS will grow 4%