Vector Group Ltd. (NYSE:VGR) Q1 2024 Earnings Call Transcript

Bryant Kirkland: How we are thinking about them? So, obviously, as you said, there is $519 million of the 10.5 that are due in 2.5 years that when we are at 2026. So we’re continuing to evaluate them. But I think what’s very important to convey is, we really are in a position abstract. We have $428 million of cash at the holding company. Nick and his are growing market share. They are growing profit and we’re paying – we’re now paying less dividends in our earnings. And in addition to that there’s $90 million of capacity under Liggett’s revolver. So, we feel good about all of our options and we’ll continue to evaluate it with our investment bankers.

Karru Martinson: Thank you very much guys.

Operator: Ladies and gentlemen those are all the questions that we have for today. Thank you for joining us on Vector Group’s quarterly earnings conference call. On behalf of all of us at Vector Group and Liggett, we thank you for your participation and this concludes today’s call.

Nicholas Anson: Thank you.

Howard Lorber: Thank you.