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John Smith's Brewery in Tadcaster, North Yorkshire, England, produces beers including John Smith's, the highest selling bitter in the United Kingdom since the mid-1990s. The majority of John Smith's sales are of the nitrogenated Extra Smooth product, although a cask conditioned variant is available nationally.
In 1993, Yorkshire Bitter was reduced from 3.8 per cent to 3.5 per cent ABV in order to save money on duty. [82] When Scottish & Newcastle acquired the John Smith's and Webster's bitter brands as part of their takeover of Courage in 1995, the lower selling Webster's brands were deprioritised, and virtually all marketing support ceased. [83]
A stock split causes a decrease of market price of individual shares, but does not change the total market capitalization of the company: stock dilution does not occur. [1] A company may split its stock when the market price per share is so high that it becomes unwieldy when traded. One of the reasons is that a very high share price may deter ...
Berkshire Hathaway is far from the only stock that has risen to a high share price. See how stock prices compare. ... If that company instituted a 4-for-1 stock split, shares would separate into ...
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Smith's timing proved fortuitous; pale ales were displacing porter as the public's most popular style of beer, and Tadcaster's hard water proved to be well-suited for brewing the new style. [4] The prosperity of the 1850s and 1860s, together with the arrival of the railways, realised greater opportunities for brewers, and by 1861 Smith employed ...
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