American Brands, Inc. - dated 1960's-70's Indian Vignette Stock Certificate - Famous Tobacco Co.
Inv# TC1007 Stock
Tobacco Stock. Great vignette of an Indian in full headdress. One of the largest tobacco companies in the world. Important!!! Available in Orange or Green. Please specify color.
Fortune Brands, originally founded as American Brands in 1969, was a diversified holding company headquartered in Deerfield, Illinois. The company was renamed Fortune Brands in 1997 and eventually split apart in 2011. On December 8, 2010, Fortune Brands announced a strategic shift to focus on its liquor business, planning to spin off or sell its other divisions, which included home furnishings, hardware, and golf products. Notably, it sold its Titleist and FootJoy brands to FILA Korea.
On October 3, 2011, Fortune Brands split into two publicly traded companies: Fortune Brands Home & Security (NYSE: FBHS) and Beam Inc. (NYSE: BEAM). Beam Inc. was acquired by Suntory, headquartered in Osaka, Japan, for approximately $16 billion, and became known as Beam Suntory on April 30, 2014.
The American Tobacco Company, established in 1890, was the original entity from which Fortune Brands evolved. In the late 1960s, facing growing health concerns regarding tobacco, the company diversified its portfolio and rebranded as American Brands, Inc. Its tobacco division was acquired by Brown & Williamson in 1994, and American Tobacco was later sold to British American Tobacco. American Brands also acquired Franklin Life Insurance in 1979, which was sold to American General in 1994.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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