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Posted on Jul 14, 2024

On January 2 , 2 0 2 4 , Sanborn Tobacco Incorporated bought 5 % of Jackson Industry s capital stock for $ 9 2

On January

2, 2024,

Sanborn Tobacco Incorporated bought

5 %

of Jackson Industry

s capital stock for $

92

million. Jackson Industry

s net income for the year ended December

31, 2024,

was $

122

million. The fair value of the shares held by Sanborn was $

102

million at December

31, 2024 .

During

2024,

Jackson declared a dividend of $

62

million.

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